RSS Feed Press releases

Bunnik, Netherlands, 4 July 2007 - BAM Deutschland (the German operating company of Royal BAM Group nv specialising in non-residential construction) has acquired three projects with a combined value of over €170 million: the construction of an office tower as part of the large-scale development project Frankfurt Hoch Vier, a data centre for Citibank (also in Frankfurt am Main) and the new football stadium for Dynamo Dresden.

Bunnik, Netherlands, 21 June 2007 – BAM Utiliteitsbouw bv and BAM Techniek bv have together set up a new business unit: BAM Gebouwbeheer bv. BAM Gebouwbeheer offers clients who operate nationwide optimum service for the structural and M&E management of their buildings.

• Nettoergebnis im ersten Quartal 2007: € 56,7 Millionen
• Ausgezeichnete Ergebnisse mit Immobilienaktivitäten
• Deutsche Aktivitäten entwickeln sich erwartungsgemäß
• Auftragsbestand erreicht neuen Rekordstand: € 14,0 Milliarden
• Erhöhung der Gewinnerwartung für 2007: Nettoergebnis von mindestens € 210 Millionen
• Gespräch über Verkauf von amerikanischer Konzerngesellschaft

Bunnik, The Netherlands, 29 May 2007 - BAM PPP - the operating company of Royal BAM Group, which specialises in the investment and operation of public-private partnership projects - has signed a Memorandum of Understanding with the investor DIF (Dutch Infrastructure Fund) to form a joint venture to separately hold the equity in part of its investment portfolio. BAM PPP will initially hold a majority share in the new company, but the intention of both parties is to have equal shares by the end of 2009.

Bunnik, The Netherlands, 22 May 2007 – Royal BAM Group is in negotiations with a large, internationally operating, European construction group about the possible sale of the US operating company Flatiron Construction Corp., based in Longmont, Colorado. Flatiron specialises in design and construction of (mainly large-scale) transportation projects. It is expected that the negotiations will lead to conclusions by the end of August.

Bunnik, The Netherlands, 9 May 2007 - During the general meeting of shareholders of Royal BAM Group nv held in Amsterdam on 8 May 2007, the dividend for the financial year 2006 has been set at € 0.45 in cash per ordinary share of nominal value € 0.10.

Bunnik, The Netherlands, 8 May 2007 – Royal BAM Group nv will confirm during the general meeting of shareholders of Royal BAM Group nv to be held in Amsterdam this afternoon, the outlook 2007 as has been published on 22 March 2007. Royal BAM Group expects, based on current information and the quality of the order book, to achieve a turnover in 2007 of approximately €9 billion and deems a net result of at least €200 million feasible.

Bunnik, Netherlands, 2 May 2007 – The Executive Board of Royal BAM Group intends to appoint Mr P.M.L. Born director of BAM Woningbouw bv with effect from 1 July 2007. Paul Born (45) is currently director of the Utrecht region of BAM Utiliteitsbouw bv.

Camberley, 27 April 2007 - Edmund Nuttall Ltd had an excellent trading year during 2006. Turnover improved significantly to £567 million whilst a pre tax profit of £19.8 million represented a margin of 3.5% on an enhanced turnover. These results again confirm Nuttall as one of the leading civil engineering contractors in the UK market.