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Koninklijke Boskalis Westminster NV (BOSN.AS)

BOSN.AS on Amsterdam Stock Exchange

24.17EUR
18 Apr 2019
Change (% chg)

€0.05 (+0.21%)
Prev Close
€24.12
Open
€24.17
Day's High
€24.30
Day's Low
€24.01
Volume
126,418
Avg. Vol
296,095
52-wk High
€28.59
52-wk Low
€20.10

Latest Key Developments (Source: Significant Developments)

Boskalis Initiates EUR 100 Million Share Buyback Program
Friday, 15 Mar 2019 

March 15 (Reuters) - Koninklijke Boskalis Westminster NV ::REG-BOSKALIS INITIATES EUR 100 MILLION SHARE BUYBACK PROGRAM.BASED ON CURRENT SHARE PRICE, THIS REPRESENTS APPROXIMATELY 4.1 MILLION SHARES .4.1 MILLION SHARES REPRESENT SLIGHTLY MORE THAN 3 PERCENT OF CURRENT OUTSTANDING SHARE CAPITAL.IT IS INTENTION TO COMPLETE PROGRAM OVER A PERIOD OF 18 MONTHS.HAS ENGAGED ING BANK N.V. TO CARRY OUT REPURCHASING OF SHARES DURING OPEN AND CLOSED PERIODS.  Full Article

Boskalis Signs Subsea Cable Integrity Contract For Circa EUR 80 Million
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::REG-BOSKALIS SIGNS SIZABLE SUBSEA CABLE INTEGRITY CONTRACT.CONTRACT CARRIES A VALUE OF APPROXIMATELY EUR 80 MILLION..CONTRACT FOR REPLACEMENT AND REPAIR OF A PART OF INTER-ARRAY CABLES AT AN OFFSHORE WIND FARM.  Full Article

Boskalis Signs Deal To Sell Its Equity Stake In SAAM SMIT Towage
Monday, 11 Feb 2019 

Feb 11 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::BOSKALIS SIGNS DEAL TO SELL ITS EQUITY STAKE IN SAAM SMIT TOWAGE FOR USD 201 MILLION.EXPECTS TO RECEIVE USD 201 MILLION IN CASH FOR ITS EQUITY STAKE IN JOINT VENTURE.TRANSACTION IS EXPECTED TO CLOSE IN Q2 OF 2019.EXPECTS FY RESULTS TO INCLUDE AN IMPAIRMENT ON ITS INTERESTS IN ITS HARBOR TOWAGE JOINT VENTURES OF APPROXIMATELY EUR 200 MILLION.TOTAL (100%) ENTERPRISE VALUE OF SAAM SMIT TOWAGE IS VALUED AT USD 560 MILLION.  Full Article

Boskalis Secures Important LNG Module Transport Contract
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::REG-BOSKALIS SECURES IMPORTANT LNG MODULE TRANSPORT CONTRACT.CONTRACT VALUE AMOUNTS TO APPROXIMATELY USD 55 MILLION.ADDITIONAL OPTIONS FOR EXTENSIONS, WORTH UP TO USD 30 MILLION..CONTRACT TIES UP TWO HIGH-END OPEN-STERN HEAVY TRANSPORT VESSELS COMMENCING Q2 OF 2021 THROUGH TO Q3 OF 2022..  Full Article

Boskalis Reached Agreement With Spie For Acquisition Of Offshore Cable Installation Activities And Assets Of Bohlen Doyen
Friday, 21 Dec 2018 

Dec 21 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::BOSKALIS STRENGTHENS ITS OFFSHORE CABLE INSTALLATION POSITION THROUGH GERMAN ACQUISITION.HAS REACHED AN AGREEMENT WITH SPIE FOR ACQUISITION OF OFFSHORE CABLE INSTALLATION ACTIVITIES AND ASSETS OF BOHLEN DOYEN GMBH (BODO).IT IS INTENTION TO CLOSE TRANSACTION IN Q1 2019.AGREED TRANSACTION DOES NOT INCLUDE ANY GOODWILL AND WILL BE FINANCED FROM BOSKALIS' OWN CASH FLOW.  Full Article

Lamprell Announces Ascension To Saudi Aramco's Offshore LTA Programme
Monday, 26 Nov 2018 

Nov 26 (Reuters) - Lamprell Plc ::ASCENSION TO SAUDI ARAMCO'S OFFSHORE LTA PROGRAMME.SELECTED AS CONTRACTOR ON SAUDI ARAMCO'S LONG TERM AGREEMENT FOR OFFSHORE FACILITIES PROGRAMME.LAMPRELL SUBMITTED ITS BID IN A CONSORTIUM WITH BOSKALIS, A LEADING GLOBAL MARINE CONTRACTOR.INVESTMENTS COULD EXCEED $3 BILLION PER ANNUM WITH AN INITIAL PROGRAMME DURATION OF 6 YEARS.SAUDI ARAMCO HAS OPTION TO EXTEND FOR A FURTHER 3 PLUS 3 YEARS.SELECTED LTA CONTRACTORS HAVE RIGHT TO BID FOR TENDERS PUT OUT BY SAUDI ARAMCO WITHOUT FURTHER TECHNICAL PREQUALIFICATION/PRESELECTION.  Full Article

Boskalis Wins 250 Million Euros Export Cable Installation Contract For Ostwind 2 Grid Connections
Sunday, 25 Nov 2018 

Nov 26 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::ANNOUNCED ON SUNDAY EUR 250 MILLION EXPORT CABLE INSTALLATION CONTRACT FOR OSTWIND 2 GRID CONNECTIONS.  Full Article

Boskalis Acquires Triton Knoll OWF Cabling Contract
Friday, 31 Aug 2018 

Aug 31 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::REG-BOSKALIS ACQUIRES TRITON KNOLL OWF CABLING CONTRACT.CONTRACT CARRIES A VALUE FOR BOSKALIS OF APPROXIMATELY EUR 90 MILLION.ACQUIRES CONTRACT FOR SUPPLY AND INSTALLATION OF EXPORT AND INTER-ARRAY CABLES FOR THE TRITON KNOLL OFFSHORE WIND FARM (OWF), UK.PROJECT WILL BE EXECUTED BY BOSKALIS SUBSEA CABLES & FLEXIBLES IN CONSORTIUM WITH NKT.PROJECT IS SCHEDULED TO BE CARRIED OUT IN 2020.  Full Article

Boskalis Q1 Revenue Virtually Unchanged Compared To Q1 2017
Wednesday, 9 May 2018 

May 9 (Reuters) - Koninklijke Boskalis Westminster NV ::Q1 REVENUE VIRTUALLY UNCHANGED COMPARED TO Q1 OF 2017..CONTINUED PRESSURE ON MARGINS, PARTICULARLY AT SERVICES ACTIVITIES OF OFFSHORE ENERGY..ORDER BOOK CONTINUED TO INCREASE IN THE COURSE OF THE FIRST QUARTER.SEES CAPEX IN 2018 AROUND EUR 250 MILLION, EXCLUDING ACQUISITIONS.Q1 OVERALL OFFSHORE ENERGY ORDER BOOK WAS SLIGHTLY LOWER THAN AT END OF 2017..CAPITAL EXPENDITURE IN 2018 IS EXPECTED TO BE AROUND EUR 250 MILLION.IT IS NOT EXPECTED THAT 2017 NET RESULT WILL BE MATCHED..NET DEBT POSITION INCREASED IN THE FIRST QUARTER.  Full Article

Boskalis To Build Polder Development Worth 400 Million Euros
Tuesday, 3 Apr 2018 

April 3 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::BOSKALIS TO BUILD LANDMARK POLDER DEVELOPMENT IN SINGAPORE WORTH EUR 400 MILLION.CONTRACT VALUE FOR JOINT VENTURE WITH PENTA OCEAN CONSTRUCTION COMPANY IS APPROXIMATELY EUR 800 MILLION.‍CONSTRUCTION ACTIVITIES WILL TAKE PLACE OVER 4 YEARS, TO BE COMPLETED IN 2022​.BOSKALIS' SHARE IS APPROXIMATELY EUR 400 MILLION..  Full Article

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Telecoms, banks lift European shares in post-Thanksgiving rally

LONDON European shares closed higher on Monday after new-found optimism on Italy's budget tug-of-war with Brussels lifted shares in Milan while speculation about further mergers and acquisitions in telecoms boosted stocks in the sector.