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Koninklijke Boskalis Westminster NV (BOSN.AS)

BOSN.AS on Amsterdam Stock Exchange

30.70EUR
14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Boskalis Joint Venture Awarded Martín García Channel Dredging Contract
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::PRESS RELEASE REG-BOSKALIS JOINT VENTURE AWARDED MARTÍN GARCÍA CHANNEL DREDGING CONTRACT.REG-BOSKALIS JOINT VENTURE AWARDED MARTÍN GARCÍA CHANNEL DREDGING CONTRACT.‍CAPITAL DREDGING WORK WILL BE PERFORMED IN 2018​.BOSKALIS - CONTRACT CARRIES A TOTAL VALUE FOR 50/50 JOINT VENTURE WITH DEME OF APPROXIMATELY EUR 110 MILLION.- SIGNING IS EXPECTED TO TAKE PLACE IN COMING WEEKS.‍MAINTENANCE CONTRACT REQUIRES ANNUAL REMOVAL OF APPROXIMATELY 5 MILLION CUBIC METERS OF MAINLY SAND AND SILT, OVER A SUBSEQUENT PERIOD OF FOUR YEARS​.  Full Article

Boskalis Q3 order book up at 3.1 billion euros
Friday, 10 Nov 2017 

Nov 10 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::Q3 ORDER BOOK EUR 3.1 ‍​ BILLION VERSUS EUR 2.9 BILLION YEAR AGO.GOOD REVENUE DEVELOPMENT DURING THE QUARTER WITH A LOWER RESULT‍​.SEES 2017 NET PROFIT IN H2 COMPARABLE TO H1, EXCLUDING RESTRUCTURING CHARGES .SEES 2017 TOTAL CAPEX EUR 250 MILLION, EXCLUDING PURCHASE OF GARDLINE & VESSELS.  Full Article

Boskalis wins contract with Cyprus partner for works in the Middle East
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::REG-BOSKALIS ACQUIRES CONTRACT FOR LONG TERM MAINTENANCE DREDGING WORKS.‍WORKS ARE SET TO COMMENCE SHORTLY AFTER COMMISSIONING OF VESSEL IN 2019​.‍ANNUAL REVENUE AMOUNTS TO APPROXIMATELY EUR 25 MILLION OVER AN ELEVEN YEAR PERIOD​.‍BOSKALIS AND ITS PARTNER TO BUILD DREDGER FOR MAINTENANCE WORKS IN MIDDLE EAST​.THE INVESTMENT WILL BE FULLY RECOVERED WITHIN THE CONTRACT.  Full Article

Boskalis' subsidiary VBMS wins Borssele Beta export cabling contract
Monday, 30 Oct 2017 

Oct 30 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::PRESS RELEASE REG-BOSKALIS SUBSIDIARY VBMS AWARDED BORSSELE BETA EXPORT CABLING CONTRACT.‍CONTRACT VALUE OF BOSKALIS' SHARE IS APPROXIMATELY EUR 70 MILLION​.  Full Article

Boskalis subsidiary VBMS signs preferred bidder agreement for Moray OWF East
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV : :REG-BOSKALIS SUBSIDIARY VBMS SIGNS PREFERRED BIDDER AGREEMENT FOR MORAY OWF EAST.  Full Article

Boskalis acquires subsea survey specialist Gardline
Tuesday, 15 Aug 2017 

Aug 15 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::BOSKALIS ACQUIRES SUBSEA SURVEY SPECIALIST GARDLINE.HAS ACQUIRED ALL SHARES OF GARDLINE GROUP (GARDLINE) AS OF TODAY.CONSIDERATION PAID INCLUDING ASSUMED DEBT AMOUNTS TO APPROXIMATELY GBP 40 MILLION.DOES NOT EXPECT TRANSACTION TO BE EBIT ACCRETIVE WITHIN NEXT FEW YEARS.  Full Article

Boskalis reduces Fugro holding to 9.38 pct
Tuesday, 13 Dec 2016 

Koninklijke Boskalis Westminster NV : Boskalis reduces Fugro holding to 9.38 pct . Reduction was accomplished through a successful accelerated bookbuild via which 12,685,878 (15 pct) certificates of shares in Fugro ( shares) were placed with institutional investors at 14.50 euros ($15.42) per share .In relation to this transaction, Boskalis agreed to a 90 days lock-up period during which it may not dispose of shares in Fugro, subject to agreement with joint bookrunners.  Full Article

Boskalis to commence execution social plan in November
Monday, 31 Oct 2016 

Koninklijke Boskalis NV : Announced on Friday that CVC Vakmensen has agreed to the poroposed social plan regarding the earlier announced fleet rationalization . Boskalis will start the execution of the social plan in November . Says reduction of labor forces will depend on various factors .Says compulsary redundancies are unavoidable.  Full Article

Boskalis announces new LNG fuelled harbor tugs and LNG bunkering contract
Wednesday, 5 Oct 2016 

Koninklijke Boskalis Westminster NV : Combination of new LNG fuelled harbor tugs and LNG bunkering contract .Royal Boskalis Westminster (Boskalis) joint ventures Keppel Smit Towage and Maju Maritime have ordered two LNG dual-fuel harbor tugs.  Full Article

Koninklijke Boskalis Westminster H1 EBITDA beats Reuters poll
Thursday, 18 Aug 2016 

Koninklijke Boskalis Westminster NV : H1 revenue 1.17 billion euros ($1.32 billion) versus 1.28 billion euros in Reuters poll . H1 EBITDA 318 million euros versus 310 million euros in Reuters poll . H1 operating profit (EBIT) 182.4 million euros versus 162 million euros in Reuters poll . Order book at end of H1 2.70 billion euros versus 2.56 billion euros in Reuters poll . H1 net profit 147.5 million euros versus 306.5 million euros year ago . Expects the level of operating net profit in the second half of 2016 to approach the level achieved in the first half of the year . Fleet rationalization program will be implemented in the next two years, will involve vessels being taken out of service and the loss of 650 jobs . General market outlook for the coming period is expected to continue to be characterized by lower volumes of work and pressure on utilization rates and margins . Boskalis has signed an agreement for the sale of its 70% stake in Smit Amandla Marine . Sale Smit Amandla Marine is subject to the customary conditions and is expected to be closed in the fourth quarter .Capital expenditure is expected to be approximately 200 million euros in 2016, excluding acquisitions.  Full Article

BRIEF-Boskalis acquires 50 million dollars worth of marine transport contracts

* ROYAL BOSKALIS WESTMINSTER NV - BOSKALIS ACQUIRES USD 50 MILLION WORTH OF MARINE TRANSPORT CONTRACTS