RSS Feed Press releases

13 May 2021
Cement-free concrete pour marks step-change in tackling carbon emissions

Camberley, 13 May 2021 - BAM Nuttall successfully completed the UK’s largest single pour of an innovative new cement-free concrete on behalf of Network Rail at Chatham Station, Kent, this weekend.

12 May 2021
Offices, schools and public buildings in the East of England get new covid testing partner to help them re-open

Hemel Hempstead, 12 May 2021 - Public sector bodies with buildings in the east of England are getting a boost to help them re-open after a new lateral flow covid community testing partner was announced.

11 May 2021
Construction begins on new Exmouth Community College – one of the UK’s largest schools

Hemel Hempstead, 11 May 2021 - Main construction has now commenced at Exmouth Community College, one of the largest schools by pupil numbers in the UK, with BAM Construction appointed to create the new facilities.

6 May 2021
BAM reports €53.3 million adjusted EBITDA in Q1, focus on strategy execution

First quarter 2021 trading update

Royal BAM Group nv reports for the first quarter of 2021 an adjusted EBITDA of €53.3 million, a clear improvement versus last year. The focus is on the execution of BAM’s strategy, which will result in a more profitable and predictable company. In addition to improvement of the operational performance and risk profile, the portfolio was strengthened by two small divestments and an add-on acquisition. BAM’s cash position and order backlog remain solid.

  • Revenue slightly higher compared to first quarter 2020
  • Adjusted EBITDA increased with 28% to €53.3 million in Q1 2021, reflecting an adjusted EBITDA margin of 3.2%
  • First quarter results supported by solid contributions from United Kingdom and Netherlands
  • BAM International; adjusted EBITDA loss of €12.9 million, wind-down scheduled to be completed before year-end
  • Liquidity position of €1.3 billion after repayment €400 million RCF, capital ratio improved to 15.1% (year-end 2020: 13.4%)
  • Cost reduction programme completed as planned, continued focus on portfolio improvement and risk reduction
  • Solid order book, strong order intake in United Kingdom
  • BAM had a satisfactory start to the year which provides confidence for 2021, and will provide the outlook for 2021 in due course

Click here for the full press release.

5 May 2021
Jobs and orders bonanza underway at Co-op Live as local firms reap £150 million windfall

Manchester, 5 May 2021 - Following extensive enabling works since the beginning of the year, construction of the UK’s largest entertainment arena in Manchester has started this week, kickstarting a wave of economic activity and job creation across Greater Manchester. Co-op Live is being built by Salford-based BAM Construction, who have revealed that almost £150 million of the construction orders have already been placed with local firms.

4 May 2021
BAM sells Indonesian subsidiary BAM International to management

Bunnik, the Netherlands, 4 May 2021 – BAM International bv has reached agreement to sell its subsidiary PT BAM Decorient Indonesia to the current management. Financial details of the transaction are not disclosed.

26 April 2021
BAM: new value toolkit will accelerate change in construction industry

Hemel Hempstead, 26  April 2021 - One of Britain’s largest built environment companies, BAM has welcomed the launch of the Construction Innovation Hub’s Value Toolkit, launched today (Monday 26 April).

21 April 2021
SAU appoints BAM Interbuild - Groven+ to build showcase for mediapark.brussels

(Press release Urban Development Corporation (SAU):) Brussels, 20 April 2021 -  The Urban Development Corporation (SAU) has appointed the consortium BAM Interbuild - Groven+ to construct the Frame building, the future showcase for mediapark.brussels, whose occupants will include BX1 and the IHECS Academy.

21 April 2021
hub South West and contractor, BAM, set to revive Ayr town centre with construction of new leisure facility

(News release hub South West:) - Work to develop a new leisure centre in Ayr is progressing following South Ayrshire Council’s appointment of hub South West, the construction and infrastructure-focused partnership which operates alongside local Authorities and private sector enterprises in Lanarkshire, Ayrshire and Dumfries and Galloway.

14 April 2021
Hoarding with image site team

Hemel Hempstead, 14 April 2021 - A construction manager whose site is located opposite St James’ Park – home of Newcastle United Football Club – has come up with a creative idea to attract new talent into the industry.

13 April 2021
Jim Ward appointed BAM Construction’s Regional Director for Scotland

Hemel Hempstead, 12 April 2021 - Jim Ward has been appointed Regional Director of BAM Construction for Scotland with immediate effect. The company has delivered many Scottish landmarks including the Riverside Transport Museum, Dundee V&A, and Scottish Water’s HQ.

9 April 2021
Albrings Müller AG

Stuttgart, 7. April 2021 - In Fellbach bei Stuttgart errichtet BAM Deutschland seit September 2019 die Unternehmenszentrale der Süddeutschen Krankenversicherung (BK5). Eine Besonderheit dabei ist, dass die BAM Deutschland das Projekt schon während der Pre-Construction Phase begleitete und so frühzeitig unterstützen konnte. Dieses Modell war so erfolgreich, dass wir Ende letzten Jahres mit dem Folgeauftrag BK4 beauftragt wurden.

9 April 2021
BAM is proud to be supporter of the 2021 AUDE conference

Hemel Hepstead, 8 April 2021 - BAM is proud to support the AUDE 2021 conference - 12-16 April 2021.

31 March 2021
Work on East Coast mainline station

Camberley, 26 March 2021 - BAM Nuttall began construction of the new Reston station in the Scottish Borders this week (24 March) on behalf of Network Rail.

31 March 2021
Artist's impression

Hemel Hempstead, 29 March 2021 - A £5.8 million redevelopment of Pinewood School in Blackburn is set to get underway from next month.

31 March 2021
Flexible working policy will soon benefit the whole construction industry says BAM

Hemel Hempstead, 29 March 2021 - BAM Construct UK was part of a pioneering trial undertaken by four major construction companies to improve access to flexible working for site-based teams in 2019, conducted with independent consultancy Timewise. Although the trials were overtaken by the pandemic, which meant the construction industry adopting new measures to maintain safety, BAM says its new approach will have benefits for both its own people and the rest of the industry long after the pandemic subsides.

30 March 2021
Chamberlain Square re-opens at Paradise

Birmingham, 29 March 2021 - One of Birmingham’s most significant public spaces, Chamberlain Square, has re-opened to the public as the final part of the first phase of the £700 million Paradise scheme at the heart of the city.

30 March 2021
BAM sells subsidiary BAM Swiss to Implenia

Bunnik, the Netherlands, 30 March 2021 – Royal BAM Group nv has reached agreement to sell the shares of BAM Swiss AG (a subsidiary of BAM Deutschland AG) to Implenia AG. It is anticipated the transaction will close in May. Financial details of the transaction are not disclosed.

29 March 2021
First ever completed trial of flexible working on construction sites in UK leads to post-pandemic flexible working being introduced by major UK contractor

Hemel Hempstead, 29 March 2021 - A UK construction company has become the first firm in the sector to complete a pioneering trial of flexible working on its sites.

26 March 2021
King Ina School

26 March 2021 - Built environment company BAM has carried out an assessment of the embodied carbon and the operational carbon used in the design and construction of a new primary school in Somerset. Handing over King Ina School in Somerton, BAM said that its approach would benefit future school designs by giving it a benchmark that can both be revisited at the school itself, and which will help inform the design and construction of future schools.

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