Edition:
United Kingdom

BAM Groep Q1 Adj. Result Before Tax Down At EUR 16.8 Mln


Thursday, 9 May 2019 

May 9 (Reuters) - Koninklijke BAM Groep NV ::REITERATES FULL YEAR OUTLOOK.Q1 REVENUE EUR 1.59 BILLION VERSUS EUR 1.43 BILLION YEAR AGO.Q1 ADJUSTED RESULT BEFORE TAX EUR 16.8 MILLION VERSUS EUR 23.7 MILLION YEAR AGO.Q1 ORDER BOOK EUR 12.8 BILLION VERSUS EUR 12.1 BILLION YEAR AGO.TRADE WORKING CAPITAL EFFICIENCY RATIO IMPROVED TO -9.0% (END-DECEMBER 2018: -8.8%).FOR 2019 AIMS TO FURTHER IMPROVE THE ADJUSTED RESULT BEFORE TAX MARGIN WITHIN THE STRATEGIC TARGET RANGE OF 2 TO 4 PER CENT.IN THE FIRST QUARTER OF 2019, CONDITIONS IN OUR MARKETS DEVELOPED ACCORDING TO EXPECTATIONS - CEO.