Royal Bam’s profit halves in 2019

By Hamish Champ2020-02-21T10:07:00

Dutch giant points finger at losses in Germany and the Middle East

Cost overruns on projects in Germany and the Middle East combined to hit Bam’s results in 2019, with group pre-tax profit more than halving, while turnover remained flat.

The Dutch construction giant reported pre-tax profit of €74m (£62m), down from €153m (£128m). Turnover was level at €7.2bn (£6bn).

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