BAM results under pressure from contracting Dutch markets

22 August 2013 07:25
  • Further deterioration in Dutch markets for Construction and M&E services and Civil engineering
  • Operational sectors also impacted by negative margins on some large projects outside the Netherlands
  • Appropriate management actions being taken
  • Good result at PPP; mixed results at Property
  • Within the limits of all banking covenants as at 30 June 2013
  • Better result before tax and non-cash impairments expected in the second half year of 2013

Click here for the full press release.