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Koninklijke VolkerWessels NV (KVW.AS)

KVW.AS on Amsterdam Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Koninklijke Volkerwessels H1 Net Result Rises To 43 Million Euros
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - KONINKLIJKE VOLKERWESSELS NV ::H1 RESULTS.H1 NET RESULT € 43 MILLION (+16%); NET RESULT INCL. OPENIJ PROVISION AFTER TAX € 19 MILLION (-49%).H1 EBITDA OF € 93 MILLION (+3.3%);.H1 NET CASH POSITION IMPROVED BY € 116 MILLION TO € 13 MILLION.END-H1 ORDER BOOK AT HISTORIC HIGH OF € 8,767 MILLION (+4.1%).RECONFIRMS TO BE ON TRACK TO MEET MEDIUM-TERM OBJECTIVES.REITERATE EXPECTATION THAT FULL YEAR EBITDA RESULT TO BE THE SAME OR SLIGHTLY BETTER RELATIVE TO 2017 AND EXPECT ALL SEGMENTS TO CONTRIBUTE POSITIVELY.CHANGE OUR MEDIUM-TERM OBJECTIVE TO IMPROVE STRATEGIC WORKING CAPITAL FROM € 100 MILLION TO € 200 MILLION.SAYS WHEN SETTING OUR INTERIM DIVIDEND, THE NEGATIVE IMPACT OF OPENIJ WILL NOT BE TAKEN INTO ACCOUNT.EXPECT TO PAY INTERIM DIVIDEND EQUAL OR SLIGHTLY BETTER THAN € 0.28 PER SHARE PAID IN NOVEMBER 2017.SAYS WILL FORMALLY ANNOUNCE OUR INTERIM DIVIDEND ON 15 NOVEMBER 2018..EXPECTS POSITIVE MARKET TRENDS TO CONTINUE IN SECOND HALF OF THE YEAR.H1 REVENUE EUR 2.77 BILLION VERSUS EUR 2.67 BILLION YEAR AGO.  Full Article

Koninklijke Volkerwessels Q1 EBITDA Down at 8 Million Euros
Thursday, 17 May 2018 

May 17 (Reuters) - KONINKLIJKE VOLKERWESSELS NV ::Q1 EBITDA € 8 MILLION ( VERSUS € 13 MILLION YEAR AGO).RECONFIRMS OUTLOOK FOR 2018.AT END Q1 ORDER BOOK € 8.5 BILLION (VERSUS € 8.5 BILLION YEAR AGO).ARE ON TRACK TO MEET MEDIUM-TERM OBJECTIVES, AS DEFINED AT TIME OF IPO IN MAY 2017.IN GERMANY AND NORTH AMERICA Q1 PERFORMANCE IS IN LINE WITH SAME PERIOD LAST YEAR.CONTINUE TO SEE POSITIVE DEVELOPMENTS IN THE UK, DESPITE THE BREXIT UNCERTAINTIES.Q1 REVENUE € 1.23 BILLION (€ 1.20 BILLION YEAR AGO).  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

Koninklijke Volkerwessels To Expand Rotterdam The Hague Airport
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - KONINKLIJKE VOLKERWESSELS NV ::ROTTERDAM THE HAGUE AIRPORT SIGNS CONTRACT FOR UPCOMING REBUILDING TERMINAL.SIGNED CONTRACT WITH ROTTERDAM AIRPORT AND INSTALLER EBRAHIMI FOR EXPANSION OF AIRPORT.RENOVATION WILL TAKE ABOUT ONE YEAR.  Full Article

Koninklijke Volkerwessels Reconfirms Outlook For 2017
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - KONINKLIJKE VOLKERWESSELS NV ::VOLKERWESSELS REPORTS SETBACK FOR OPENIJ CONSTRUCTION‍​.RECONFIRMS OUTLOOK FOR 2017.  Full Article

Bam revises outlook following project loss at sea lock IJmuiden
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Bam Groep ::ROYAL BAM GROUP EXPECTS A CONSIDERABLE PROJECT LOSS IN 2017 ON THE SEA LOCK IJMUIDEN‍​.CONTRACT VALUE IS APPROXIMATELY €600 MILLION.LOSS MAINLY RELATES TO THE REDESIGN OF THE TWO CAISSONS TO PREVENT TORSION AND CRACKING DURING IMMERSION‍​.EXPECTS ADJUSTED. RESULT BEFORE TAX FOR FY 2017 TO BE SUBSTANTIALLY LOWER VERSUS 2016.CONSTRUCTION ACTIVITIES CARRIED OUT BY A 50/50 JOINT VENTURE BETWEEN BAM AND VOLKERWESSELS.WILL LEAD TO AN ESTIMATED ADDITIONAL PROJECT LOSS OF AROUND €55 MILLION IN Q4 2017.SIGNIFICANTLY HIGHER COSTS FOR SPECIALIST MATERIALS, EQUIPMENT, PERSONNEL OVER PROLONGED CONSTRUCTION PERIOD.  Full Article

Koninklijke VolkerWessels subsidiary KWS awarded contract to renovate Waalbrug in Nijmegen ‍​
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - KONINKLIJKE VOLKERWESSELS NV : :KWS AWARDED CONTRACT TO RENOVATE WAALBRUG IN NIJMEGEN ‍​.RENOVATION OF "WAALBRUG" BRIDGE WILL LAST UNTIL END OF 2019‍​.RENOVATION PROJECT WILL START IN FEB. 2018.  Full Article

VolkerWessels 9-month EBITDA rises to 155 million euros
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - KONINKLIJKE VOLKERWESSELS NV ::KONINKLIJKE VOLKER WESSELS STEVIN NV - VOLKERWESSELS CONFIRMS OUTLOOK AND ANNOUNCES INTERIM DIVIDEND OF € 0.28 PER SHARE.9M REVENUE STABLE AT € 3,967 MILLION‍​.9-MONTH ORDER BOOK UP € 814 MILLION TO € 8,299 MILLION (+11%)‍​.9M EBITDA OF EUR 155 MILLION VERSUS EUR 141 MILLION YEAR AGO ‍​.CONFIDENT THAT EBITDA AND NET RESULT FROM CONTINUING OPERATIONS FOR FY WILL INCREASE.  Full Article

Koninklijke VolkerWessels subsidiary awarded 19.5 million euro contract for coastal protection project in Northeast England ‍​
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - KONINKLIJKE VOLKERWESSELS NV : :AWARDED EUR 19.5 MILLION CONTRACT FOR COASTAL PROTECTION PROJECT IN NORTHEAST ENGLAND ‍​.WORKS TO START IN MID JANUARY 2018 AND END IN 2020‍​.PROJECT IN FLYDE FINANCED BY BRITISH ENVIRONMENT AGENCY.CONTRACT AWARDED TO VBA, A JOINT VENTURE OF VOLKERSTEVIN, BOSKALIS WESTMINSTER AND ATKINS‍​.  Full Article

VolkerWessels - investigation into $37 million St. Maarten bridge project

AMSTERDAM Dutch construction and engineering company VolkerWessels said on Monday that two of its former subsidiaries, which helped build the Causeway Bridge on the island of St Maarten, were under investigation by Dutch authorities.