UK work helps Bam improve profit

Bam (3)

Country’s building boom sees Dutch firm’s numbers tick up

Royal Bam said a strong performance from its UK arm helped the firm improve results for the first quarter of the year.

The firm, which sank to a €237m (£205m) pre-tax loss last year, said adjusted profit was up 28% to €53.3m (£46m) – although this was before restructuring costs and pension costs. Revenue was flat at €1.65bn (£1.42bn).

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