RSS Feed Press releases

Kill, Co. Kildare, 3 March 2022 - Today, Minister Hildegarde Naughton TD officiated at the sod turning of the new Athy Distributor Road for Kildare County Council.

(Press release Environment Agency:) Hull, 3 March 2022 - Hull’s new Humber frontage flood defences which provide greater protection to 113,000 homes and businesses, as well as local infrastructure and other public amenities are being officially opened. The £42 million scheme is an investment that makes the city more resilient to the impacts of climate change.

Hemel Hempstead, 24 February 2022 – BAM FM has secured a series of new contracts in the energy, housing and education sectors of the UK and Ireland. Collectively BAM FM has been appointed for over £8.1 million of new facilities management services.

Gouda, the Netherlands, 18 February 2022 – The Museum of the Future in Dubai – delivered by BAM International bv and supported by BAM Ireland, operating companies of  Royal BAM Group nv – will open to the public on 22 February 2022.

For the full-year 2021, Royal BAM Group nv reports an adjusted EBITDA of €278 million (a margin of 3.8%) and a revenue of €7.3 billion. All activities contributed to the operational improvement, with the exception of the large contracts division of Dutch Civil engineering. The net result was impacted by non-cash impairments of €82 million, due to changes in Dutch and UK tax laws and the effect of divestments. The liquidity position is strong and the capital ratio improved. The order book remains at a high level. BAM is making good progress with the execution of the new strategy, with continued focus on portfolio restructuring, de-risking and creating a sustainable platform for future growth. For 2022, BAM expects a further improvement of the adjusted EBITDA margin.

Bunnik, the Netherlands, 15 February 2022 – Royal BAM Group nv has reached agreement to sell the shares of its Belgian operating company BAM Contractors bv to the Belgian construction company Stadsbader Group. The transaction, which is subject to approval of the competition authorities, is expected to close in the second quarter of 2022. Financial details of the transaction are not being disclosed.

(News release Fife Council:) Dunfermline. 9 February 2022 - It was shovels at the ready at the site of the new Dunfermline Learning Campus today as the official ‘groundbreaking’ ceremony took place.

Hemel Hempstead, 7 February 2022 - Following a competitive tender, BAM Construction’s Salford-based team has been reappointed to Procure Partnership’s North West Contractor Framework.

Bunnik, the Netherlands, 3 February 2022 - Royal BAM Group nv has sold its operating company BAM Galère (including its subsidiary BAM Lux) to the Belgian construction company Thomas & Piron Group. The transaction, announced on 2 December 2021, has been successfully completed. Financial details of the transaction are not being disclosed.