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7 December 2020
Construction works complete at Farringdon Elizabeth line station

(Press release Crossrail:) London, 7 December 2020 - The Farringdon Elizabeth line station has reached an important milestone with the completion of construction activity, Crossrail has confirmed.

7 December 2020
Marlet appoints BAM Ireland as main contractor for commercial development the Shipping Office on Sir John Rogerson’s Quay

Dublin, 4 December 2020 - Marlet appoints BAM Ireland as the main contractor for the Shipping Office, a commercial development in the heart of the Silicon Docks, which received last month a €101m financing facility from Activate Capital.

2 December 2020
Artist's impression

Hemel Hempstead, 1 December 2020 - Further development of the major Portsmouth commercial hub, Dunsbury Business Park, has been sparked as a new client has been attracted by the highly successful hub. Portsmouth City Council, working through Procure Partnerships, has appointed BAM Construction and BAM Design to create the fifth unit at the 45-acre business Park which was formerly farm land. BAM Design is also the masterplan architect for the business park.

1 December 2020
BAM appointed for Bullring façade project

Hemel Hempstead / Birmingham, 1 December 2020 - BAM Construction has been appointed by Hammerson to deliver major renovation work on the iconic Selfridges building at Bullring. The work has just commenced and will complete during 2022. The store will remain open throughout and trade as normal.

27 November 2020

Bunnik, the Netherlands, 27 November 2020 – Heijmans and BAM will merge their asphalt plants as per 31 December 2020 to form new asphalt company AsfaltNu.

26 November 2020
BAM signs solus supply deal with Polypipe

London, 26 November 2020 - BAM Nuttall and BAM Construct UK have signed a solus agreement with Polypipe Group plc’s market-leading divisions Polypipe Civils & Green Urbanisation and Polypipe Building Products to supply drainage products to all BAM's infrastructure and building projects in the UK.

26 November 2020
BAM ends asphalt production at Binckhorst for residential plans of municipality The Hague

Bunnik, the Netherlands, 26 November 2020 – The municipality of The Hague and BAM have agreed to discontinue the activities of BAM’s asphalt plant in The Hague (Haagse Asfaltcentrale or HAC), which is operated by BAM Infra on the Binckhorst industrial estate (adjacent to the municipality of Leidschendam-Voorburg). HAC will end the production of asphalt at this location by 31 December 2021.

25 November 2020
BAM commences work on three new schools in the East Midlands

Hemel Hempstead, 25 November 2020 - BAM Construction has commenced work on three new schools in the East Midlands, having been appointed to the schemes by the Department for Education under its national education framework, with a combined value of around £65 million.

23 November 2020
Luton flood storage area to reduce risk to 600 properties

Works will see creation of ‘green corridor’ benefiting people and wildlife

(Press release Environment Agency:) London, 23 November 2020 - Some 600 residential and commercial properties along with key infrastructure in Luton will benefit from improved protection from flooding, thanks to a new flood storage area currently under construction by the Environment Agency.

23 November 2020
BAM and PGGM to extend their PPP partnership

Bunnik / Zeist, the Netherlands, 23 November 2020 - Royal BAM Group and Dutch pension fund service provider PGGM have reached conditional agreement on the key terms for the extension of the current partnership between PGGM Infrastructure Fund and BAM PPP.

20 November 2020
David Swarbrick

(Press release BAM PPP:) Bunnik, the Netherlands, 19 November 2020 - The Board of BAM PPP is delighted to announce the appointment of David Swarbrick as Managing Director of its UK and Ireland business unit, effective 19 November 2020.

19 November 2020
David Anderson wins international quality professional award

Camberley, 19 November 2020 - David Anderson, BAM Nuttall’s Head of Business Process & Quality, has been named ‘International Quality Professional of the year’ in the Chartered Quality Institute’s International Quality Awards 2020. BAM Nuttall was one of five finalists in the highly esteemed ‘Quality Organisation of the Year’ category, narrowly beaten to the top award by Jacobs. The prestigious international awards attracted over 100 entries from organisations in 23 countries committed to delivering quality for their workforce and their customers.

19 November 2020
BAM logo

North Ayrshire Council has appointed BAM FM – part of BAM Construct UK – for a three-year contract to maintain and repair heating, ventilation and air-conditioning systems.

13 November 2020
Sofie Muyldermans

Bunnik, the Netherlands, 12 November 2020 – Effective 1 January 2021, Mrs Sofie Muyldermans will succeed Mr Marc Peeters as managing director of BAM Interbuild bv.

10 November 2020
Footpath

(Press release Environment Agency:) London, 10 November 2020 - A popular section of footpath, which is part of the Trans Pennine Trail, is re-opening after an upgrade to flood defences on Hull’s Victoria Dock Village western frontage.

10 November 2020
Work begins on second section of new Dawlish sea wall which will help protect vital rail artery to the south west for next 100 years

Camberley, 10 November 2020 - Network Rail has started work on the second section of the new, bigger sea wall at Dawlish, Devon, to protect the railway and town from rising sea levels, and extreme weather, for generations to come.

6 November 2020
Artist's impression

Bunnik, the Netherlands, 6 November 2020 - Johannes Fog, leading Danish supplier of building materials for professionals and private clients, has commissioned BAM Danmark a contract to design and build a complex of approximately 15.400 m², including new office facilities for Johannes Fog’s  headquarters and hardware store, youth apartments and educational facilities. The contract value exceeds €30 million.

6 November 2020
BAM logo

Bunnik, the Netherlands, 5 November 2020 – Rijkswaterstaat Oost-Nederland has awarded the contract for the Integral Major Maintenance (‘IGO’) of national highways in the eastern part of the Netherlands to BAM Infra Nederland. The project includes the maintenance of seven national highways, divided over two lots (west and east) with a total contract value of approximately €45 million.

5 November 2020
Main Contract for N26 Cloongullane Bridge Project is Awarded

(Press release: Mayo County Council:) 5 November 2020 - The Main Contract for the Realignment of the N26 at Cloongullane Bridge has been recently awarded to BAM Civil Ltd. by Mayo County Council.

5 November 2020
BAM reports solid third quarter with adjusted pre-tax result of €51.7 million, reiterates full year outlook

First nine months 2020 trading update

Royal BAM Group nv reports for the first nine months of 2020 an adjusted loss before tax of €81.8 million, which is a €51.7 million improvement versus the first half year result. The cash position and the order book remained solid. During the third quarter, the situation regarding Covid-19 was generally stable. BAM maintains its outlook of a positive adjusted result before tax for the second half of the year, although the Covid-19 situation still causes uncertainty.

  • Both business lines improved performance in third quarter after being hit hard in second quarter by Covid-19
  • Revenue of €1.7 billion in third quarter 2020, in line with comparable period 2019
  • Adjusted result before tax of €51.7 million in third quarter 2020, a margin of 3.0%
  • Programme to structurally lower BAM’s cost base by €100 million initiated; first benefits in 2021
  • Cash position remained strong at €1.2 billion, which includes fully drawn €400 million revolving credit facility
  • Capital ratio improved to 12.6%
  • Order book at €13.3 billion, stable versus mid-year 2020

Click here for the full press release.

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