BAM making good progress towards its full year outlook

BAM making good progress towards its full year outlook
  • Construction and M&E services: held back by weak results at Dutch activities
  • Civil engineering: another quarter of restored profitability
  • Property: good result driven by sales of non-residential property
  • PPP: strong performance due to transfers to the joint venture and tender wins
  • Order book: stable year to date (exchange rate) with improving risk profile
  • Financial position: more robust due to strengthening operational cash flow

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