BAM reports adjusted pre-tax result of €17 million, reiterates full year outlook

9 May 2019 07:15 - Royal BAM Group nv
BAM reports adjusted pre-tax result of €17 million, reiterates full year outlook
  • Revenue up by 11%, driven by a 20% increase in Construction and Property
  • Construction and Property: strong quarter supported by high number of Dutch homes sold
  • Civil engineering: result held back by the Netherlands and Belgium
  • PPP: solid performance, but lower contribution in absence of project transfers
  • Trade working capital efficiency improved, driven by a strong first quarter

Click here for the full press release.