BAM reports 1H17 adjusted result of €52.7 million and reconfirms full year outlook

BAM reports 1H17 adjusted result of €52.7 million and reconfirms full year outlook
  • Margin improved to 1.7% on lower revenue
  • Construction & Property: strong margin improvement due to prior restructuring and market conditions
  • Civil engineering: better margin in Q2 after slow start to the year
  • PPP: strong result from portfolio; healthy tender pipeline
  • Order book: upward trend and continued tender discipline
  • Cash flow: normal seasonality; trade working capital efficiency -10.6%

Click here for the full press release.

Video message Rob van Wingerden, CEO, about first half of 2017