• As announced on 8 July, results were impacted by higher costs on a civil project and construction projects in Germany, and a BAM International project. The total impact is €94m.
  • Construction and Property: strong performance in the Netherlands and UK, offset by project losses in Germany and International
  • Civil engineering: negative result includes additional loss of €7.5m at OpenIJ project in 2019H1
  • PPP: strong performance and two new projects (one financial close and one preferred bidder)
  • Order book: stable compared to 2018 due to focus on quality over volume
  • Strong cash position with trade working capital efficiency at -9.1%

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Royal BAM Group NV published this content on 22 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 August 2019 05:47:02 UTC