RSS Feed Press releases

26 March 2009

Consortium Celtic Roads group, in which BAM participates (in joint venture with Dragados), is making good progress with the construction of the River Suir bridge as part of the N25 Waterford Bypass. The cablestayed bridge with its 100-metre tall tower will be a landmark structure for Waterford City and surrounding areas.

23 March 2009

Bunnik, The Netherlands, 23 March 2009 - BAM International bv (the operating company of Royal BAM Group nv, active outside Europe) has been awarded a contract for the design and construction of the fishery harbour in Dikkowita, Sri Lanka, some ten kilometres north of Colombo. Client is the Ministry of Fisheries and Aquatic Resources of Sri Lanka. Royal Haskoning is the Client’s Engineer. The contract value is approximately EUR 44 million. BAM International will start on site this month and completion is to be expected in two years.

20 March 2009

Bunnik, The Netherlands, 20 March 2009 - Today Royal BAM Group nv has completed the acquisition of the remaining 49% interest in property developer AM, as announced 27 November 2008. BAM has now full ownership of all AM shares. The price which in 2006 was agreed with a consortium of investors for the 49% interest amounted to €49 million excluding any dividend still due for the 2008 financial year and for part of 2009. AM - as an operating company of BAM – will continue to operate in its markets under its own name and identity.

6 March 2009

Bunnik, The Netherlands, 5 March 2009 - The Executive Board of Royal BAM Group nv has appointed Mr H. Duncan and Mr K. Meade as group company directors of BAM PPP bv with effect from 1 March 2009.

6 March 2009

Culemborg, The Netherlands, 6 March 2009 - BAM Infratechniek (the Royal BAM Group infrastructure operating company with, among other things, significant expertise in the design, construction and maintenance of underground telecommunications networks) has reached agreement on acquisition of the shares of the Ravesteyn companies in Lopik, The Netherlands. The transaction is expected to be finalised in the next few weeks.

5 March 2009
  • Result for 2008 before taxation and impairment goodwill: €353 million (2007: €342 million on comparable basis*).
  • Profit margin before taxation and impairment goodwill: 4.0% (2007: 4.0% on comparable basis*)
  • Impairment goodwill AM: €100 million
  • Net result for 2008: €162 million (2007: €268 million on comparable basis*).
  • Proposed cash dividend of €0.50 per ordinary share (2007: €0.90)
  • Solid order book: €13.1 billion at year-end 2008 (€13.8 billion at year-end 2007)

Click here for the full press release.

5 March 2009

Bunnik, Netherlands, 5 March 2009 - The Supervisory Board of Royal BAM Group nv announces that Mr P.B. Brooks, currently member of the Executive Board, will retire as per 21 April 2009.

5 March 2009
  • Ergebnis vor Steuern und Goodwill-Abwertung 2008: € 353 Millionen (2007: € 342 Millionen auf vergleichbarer Grundlage*)
  • Gewinnspanne vor Steuern und Goodwill-Abwertung: 4,0% (2007: 4,0% auf vergleichbarer Grundlage*)
  • Abwertung Goodwill AM: € 100 Millionen
  • Nettoergebnis 2008: € 162 Millionen (2007: € 268 Millionen auf vergleichbarer Grundlage*)
  • Dividendenvorschlag € 0,50 in bar je Stammaktie (2007: € 0,90)
  • Solider Auftragsbestand: € 13,1 Milliarden ultimo 2008 (€ 13,8 Milliarden ultimo 2007)