First quarter performance in line with expectations given hard winter conditions

16 May 2013 07:32 - Royal BAM Group nv
  • Construction and M&E services: continued deterioration in the Dutch market
  • Civil engineering: mixed performance, with most businesses impacted by seasonality
  • Property: Dutch residential market continues to fall as expected
  • PPP: financial close on two projects; another two projects transferred to the joint venture
  • Order book unchanged at €10.7 billion
  • Financial position follows normal seasonal pattern
  • New accounting standards adopted per 1 January 2013; comparable figures restated

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