‘Satisfactory’ first quarter for BAM

By Leila Steed06 May 2021

The CEO of Netherlands-based construction group Royal BAM has described the start of 2021 as “satisfactory”, with the company announcing revenues of €1.65 billion for the first quarter of the year.

An increase on the €1.6 billion the company achieved for the same period last year, the figure equates to an adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of €53.3 million.

Ruud Joosten, CEO of Royal BAM Group, said, “BAM had a satisfactory start to the year, which provides confidence for 2021.

“We are in the early execution phase of our new strategy, which includes the further de-risking of our portfolio, and there is still uncertainty around Covid-19.”...Sign in to continue reading.

Please login to continue reading!

Once you login you will receive unlimited access to Construction-Europe.com

  • FREE high value digital reports
  • Presentations from KHL events
  • Videos and magazine archive
  • Subscribe to magazines
  • Register for e-newsletters
  • Webinar recordings

Don’t miss out on the latest information!

Delivered directly to your inbox, Construction Europe Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
More News from Construction Europe
Infrastructure spending expected to rise in Eastern Europe
GlobalData report suggests just four out of 15 countries can speed up infrastructure projects to boost post-pandemic growth
Honda and Komatsu team up for electric mini excavator
Partnership aims to allow Honda’s MPP batteries to be used with various Komatsu equipment
SBM seals huge concrete deal on Fehmarnbelt Link
Austrian firm’s plants will produce 3 million m3 of concrete for world’s longest immersed tunnel
Mike Hayes Editor, Construction Europe Tel: +44(0) 1892 786 231 E-mail: mike.hayes@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com