Confirmation outlook 2007; results German investigations
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.
During this meeting Royal BAM Group will also state that as matters stand, the almost completed forensic investigation (which has been started after the reported loss in Germany at the end of November 2006) did not produce any new facts.
The video webcast of the meeting can be seen on this website and is also made available in an English translation.
Further information: A.C. Pronk, 31 (0)30 659 86 21.