BAM records 1Q17 adjusted result of €4.9 million and further improved financial position

11 May 2017 07:30 - Royal BAM Group nv
BAM records 1Q17 adjusted result of €4.9 million and further improved financial position
  • Construction and Property: good results at Dutch property and turnaround in Germany
  • Civil engineering: result in Germany lower (strong 1Q16); held back by the Netherlands and oil & gas
  • PPP: steady result from existing portfolio
  • Order book: quality continues to improve; slightly higher level
  • Strong recourse net cash position reflecting ongoing progress in trade working capital efficiency

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