Brief: BAM Groep Confirms 2024 Adj. EBITDA Margin Guidance

Koninklijke BAM Groep NV

07/11/2024 06:27

Nov 7 (Reuters) - Koninklijke BAM Groep NV  BAMN.AS :
    * BAM REPORTS €203 MILLION ADJUSTED EBITDA IN THE FIRST NINE
MONTHS
    * REVENUE UP 2% IN FIRST NINE MONTHS, DRIVEN BY THE
NETHERLANDS
BUSINESS UNIT
    * 9-MONTH LIQUIDITY POSITION REMAINED SOLID AT € 457 MILLION
    * 9-MONTH CAPITAL RATIO FURTHER IMPROVED TO 25.0% (H1 2024:
24.5%)
    * 9-MONTH ORDER BOOK INCREASED TO €11.7 BILLION (H1 2024:
€11.0
BILLION)
    * 9-MONTH ADJUSTED EBITDA EUR 203 MILLION VERSUS EUR 281.3
MILLION
YEAR AGO
    * FOR  2024, BAM REITERATES ITS EXPECTATION TO ACHIEVE AN
ADJUSTED
EBITDA MARGIN OF BETWEEN 4% AND 5%

Source text: https://tinyurl.com/bd5u537a
Further company coverage:  BAMN.AS 

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