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Koninklijke Boskalis Westminster NV (BOSN.AS)

BOSN.AS on Amsterdam Stock Exchange

27.96EUR
20 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Koninklijke Boskalis Westminster NV H1 Net Operating Profit At EUR 34.5 Million
Thursday, 16 Aug 2018 

Aug 16 (Reuters) - Koninklijke Boskalis Westminster NV ::H1 NET OPERATING PROFIT: EUR 34.5 MILLION.H1 EBITDA: EUR 167 MILLION.OUTLOOK FOR 2018 * MARKET PICTURE UNCHANGED.H1 ORDER BOOK: EUR 3.9 BILLION.H1 REVENUE: EUR 1.2 BILLION.OUTLOOK 2018: PROFIT OUTLOOK: SHARP IMPROVEMENT IN NET OPERATING PROFIT COMPARED TO H1.SAYS OFFSHORE CONTRACTING ACTIVITIES SUCH AS SEABED INTERVENTION AND CABLE-LAYING ALSO MADE A GOOD CONTRIBUTION TO RESULT.LOOKING AHEAD WE ARE MODERATELY OPTIMISTIC.CAPITAL EXPENDITURE IN 2018 IS EXPECTED TO BE AROUND EUR 250 MILLION.SAYS RESULT OF TOWAGE & SALVAGE IS NOT EXPECTED TO MATERIALLY CHANGE IN SECOND HALF OF YEAR.SAYS EXPECTS A SHARP IMPROVEMENT IN NET OPERATING PROFIT IN SECOND HALF OF 2018 RELATIVE TO FIRST HALF YEAR.SAYS CAPITAL EXPENDITURE IN 2018 IS EXPECTED TO BE AROUND EUR 250 MILLION, EXCLUDING ACQUISITIONS.SAYS AT END OF PERIOD BOSKALIS HAD A MODEST NET DEBT POSITION OF EUR 239 MILLION AND COMFORTABLY MET ITS FINANCIAL COVENANTS.TERMINATES LOSS-MAKING LOW-END TRANSPORT ACTIVITIES.OFFSHORE ENERGY: OLDER TRANSPORT VESSELS AT LOW END OF MARKET ARE LOSS-MAKING, CO TO EXIT THIS MARKET SEGMENT.OFFSHORE ENERGY: EXITING LOW END SEGMENT WILL RESULT IN IMPROVEMENT IN OPERATING RESULT OF OVER EUR 25 MILLION ON ANNUAL BASIS..H1 EBITDA EUR 199 MILLION IN COMPANY-COMPILED CONSENSUS.H1 REVENUE EUR 1.1 BILLION IN COMPANY-COMPILED CONSENSUS.  Full Article

Boskalis Wins contracts for a Combined Value Of USD 65 Million
Friday, 13 Jul 2018 

July 13 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::REG-BOSKALIS ACQUIRES LOGISTICAL MANAGEMENT AS WELL AS TRANSPORT AND INSTALLATION CONTRACT WITH COMBINED VALUE OF USD 65 MILLION.CONTRACT VALUE OF APPROXIMATELY USD 65 MILLION.CONTRACT TIES UP TWO HIGH-END OPEN-STERN HEAVY TRANSPORT VESSELS FOR APPROXIMATELY 475 VESSEL DAYS EACH COMMENCING LATE 2019..PROJECT IS DUE TO BE EXECUTED IN 2020..  Full Article

Koninklijke Volkerwessels Boskalis And Mobilis To Help Build New Tank Terminal
Friday, 22 Dec 2017 

Dec 22 (Reuters) - KONINKLIJKE VOLKERWESSELS NV ::VOLKERWESSELS, BOSKALIS AND MOBILIS TO HELP BUILD NEW TANK TERMINAL.CONTRACT IS VALUED AT MORE THAN €100 MILLION..CONSTRUCTION IS EXPECTED TO BEGIN EARLY NEXT YEAR AND TO BE COMPLETED AT THE END OF 2019‍​.CONTRACT IS FOR CONSTRUCTION OF QUAY FOR NEW TANK TERMINAL BEING BUILT BY HES INTERNATIONAL IN ROTTERDAM.  Full Article

Boskalis Wins Contract For Construction Of Quay Walls And Jetty In Port Of Rotterdam
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::PRESS RELEASE REG-BOSKALIS AWARDED CONTRACT FOR CONSTRUCTION OF QUAY WALLS AND JETTY IN PORT OF ROTTERDAM.CONTRACT IS VALUED AT MORE THAN EUR 100 MILLION, WITH BOSKALIS' SHARE AMOUNTING TO EUR 34 MILLION..‍PROJECT WILL COMMENCE IN EARLY 2018 AND IS EXPECTED TO BE COMPLETED AT END OF 2019​.WINS CONTRACT IN CONSORTIUM WITH VAN HATTUM EN BLANKEVOORT (ROYAL VOLKERWESSELS) AND TBI UNIT MOBILIS.  Full Article

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

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European shares recover, Atlantia drags Italian stocks lower

LONDON European shares recovered on Thursday after Beijing said it would hold trade talks with the United States this month, spurring risk appetite, although Italian shares fell sharply as Atlantia sank.