Bam nosedives to £119m loss in first half

By Dave Rogers2020-08-20T13:57:00

Firm blames covid and problem job in Germany for slump

Bam’s Dutch parent saw first half losses widen to more than £100m as the firm said the covid-19 crisis and a problem job in Germany kept it firmly in the red.

Last year, Royal Bam, whose UK businesses include its civils arm Bam Nuttall, posted a pre-tax loss for the six months to the end of June 2019 of €27.2m (£25m) on turnover of €3.5bn (£3.2bn), up 7%.

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