RSS Feed Press releases

Bunnik, the Netherlands, 14 May 2020 – The Executive Board of Royal BAM Group nv has appointed A.P. (Adrian) Savory as Chief Executive of BAM Nuttall Ltd, effective 1 June 2020. Adrian Savory joined BAM Nuttall in 1995 and has been a member of its management board, as Managing Director, Infrastructure, since 2017.

Hemel Hempstead, 12 May 2020 - University Hospital’s Bristol and Weston NHS Foundation Trust (UHBW) has announced its construction partner for a major range of estates improvements over several years.

First quarter 2020 trading update

BAM’s highest priority remains to preserve health, safety and wellbeing of all its stakeholders while continuing to protect liquidity. The performance in the first quarter of 2020 was held back by three businesses, where improvement measures continue to be a key focus. Covid-19 has led to lower activity levels and reduced operational efficiency as of mid-March. Looking ahead, Covid-19 will have a substantial impact on the construction industry and BAM’s performance.

• First quarter results affected by underperforming businesses and include initial Covid-19 impact in Belgium
• Strong liquidity position (€944 million, including drawn RCF) and trade working capital efficiency maintained
• Order book strong and stable
• Covid-19: major impact on project performance in second quarter; operational efficiency improving
• Management response: focus on health and safety, reduction of cost and capex, and RCF extended to 2024
• Outlook: material uncertainty persists regarding future evolution of Covid-19 and its impact on BAM’s financial performance

Click here for the full press release.

Gouda, the Netherlands, 22 April 2020 - BAM Infra Nederland has built and commissioned the world’s first fully electric 10 to 12-tonne road roller. This unique and sustainable piece of equipment was created by BAM’s plant and equipment department, on the basis of an older model which was due for an overhaul. The conversion took place over a period of one and a half year. This week the emission-free road roller was put to work on its first project, in the city of Almere. Other projects will follow soon. With this electric road roller, BAM makes a significant contribution to the climate goals of its clients by providing cleaner construction methods.

16 April 2020 - For the first time, polar ships have moored at a new £40 million wharf at British Antarctic Survey’s (BAS) Rothera Research Station in Antarctica.  The RRS James Clark Ross used it to re-supply the station and pick up staff for return to the UK. Construction partners and designers of the wharf, BAM, with the support of Sweco and technical advisors, Ramboll, completed a second, six-month construction season, during the Antarctic austral summer. Turner & Townsend also provided cost management for the project.

(Press release British Antarctic Survey (BAS):) Cambridge, 7 April 2020 - British Antarctic Survey (BAS) has announced exceptional plans to repatriate scientists, support teams and construction workers as they complete their Antarctic summer field season work.

Hemel Hempstead, 7 April 2020 - BAM’s construction and FM teams continue to provide significant emergency support to the UK’s NHS, emergency services and local authorities as we all work together to defeat Covid-19.

Hemel Hempstead / Bristol, 6 April 2020 - BAM FM was approached by Bristol City Council who were struggling to deliver the required amount of free school meals to local school children in the area. A kind-hearted team of five FM engineers rose to the challenge, clearing their vans of equipment to deliver 4,000 school meals (provided by Chartwells) to 66 schools.

Bunnik, the Netherlands, 31 March 2020 – Royal BAM Groep nv confirms that the Annual General Meeting of 15 April 2020 will take place at 14.00 hours, although the set-up has changed. In connection with the coronavirus outbreak and in order to align with government guidelines, a number of measures are being taken to minimise the risk of contamination and ensure the meeting is conducted in a responsible manner. There is an urgent appeal to shareholders not to be physically present, but to vote by proxy and/or ask questions in advance.