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    BAMNB   NL0000337319

ROYAL BAM GROUP N.V.

(BAMNB)
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Royal BAM N : Management appointment BAM Nuttall

09/14/2021 | 07:02am EDT
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Bunnik, the Netherlands, 14 September 2021 - The Executive Board of Royal BAM Group nv has appointed Ian Parish as Interim Managing Director of BAM Nuttall Ltd, effective 1 October 2021. Ian Parish rejoined BAM Nuttall in 2020 as Managing Director, Major Projects, and has more than 37 years combined experience during his three periods with the company.

Adrian Savory, BAM Nuttall's current chief executive, joined the business in 1995 and is stepping down from his position on 30 September 2021 to pursue other opportunities outside of BAM.

Ruud Joosten, CEO of Royal BAM Group, said: 'We would like to thank Adrian Savory for his service and commitment to BAM over the last 26 years. He has held various roles in the company during this time and contributed to its success and growth. We wish him every success in his future career.'

As of 1 October 2021, the management of BAM Nuttall will consist of Ian Parish (Interim Managing Director), Martin Bellamy (Managing Director, Regions), Alan Cox (Managing Director, Transport), Ian Phillpot (Finance Director), Richard Reddell (Commercial Director), Richard Lewis (People and Performance Director) and David McGowan (Business Excellence Director).

Further information:
  • Analysts: Michel Aupers, michel.aupers@bam.com, +31 (0)30 659 87 07;
  • Press: Niels van Dongen, niels.van.dongen@bam.com or Arno Pronk, arno.pronk@bam.com, +31 (0)30 659 86 23.

Disclaimer

Royal BAM Group NV published this content on 14 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 September 2021 11:01:09 UTC.


ę Publicnow 2021
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Financials
Sales 2021 6 769 M 7 894 M 7 894 M
Net income 2021 48,7 M 56,8 M 56,8 M
Net cash 2021 536 M 625 M 625 M
P/E ratio 2021 14,3x
Yield 2021 0,26%
Capitalization 705 M 820 M 822 M
EV / Sales 2021 0,02x
EV / Sales 2022 0,03x
Nbr of Employees 17 966
Free-Float 94,8%
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Mean consensus HOLD
Number of Analysts 3
Last Close Price 2,58 €
Average target price 2,37 €
Spread / Average Target -8,07%
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Managers and Directors
Ruud Joosten Chief Executive Officer
Frans den Houter Chief Financial Officer
Henk Th. E. M. Rottinghuis Chairman-Supervisory Board
Henry M. M. van de Ven Chief Information Officer
Walter Swinkels Group Compliance Officer
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