Brief: BAM Groep Delivers Adjusted EBITDA Of €304 Million In 2023

Koninklijke BAM Groep NV

15/02/2024 06:24

Feb 15 (Reuters) - Koninklijke BAM Groep NV  BAMN.AS :
    * BAM DELIVERS ADJUSTED EBITDA OF €304 MILLION IN 2023
    * DIVIDEND PROPOSAL OF EUR 0.20 PER SHARE AND ANNOUNCEMENT
OF EUR
30 MILLION SHARE BUYBACK
    * FOR STRATEGIC PERIOD 2024-2026, BAM EXPECTS TO DELIVER AN
ADJUSTED EBITDA MARGIN BETWEEN 4 AND 6 PER CENT.
    * FY 2023 NET RESULT OF EUR 175 MILLION, REFLECTING EARNINGS
PER
SHARE OF EUR 0.65 (2022: EUR 0.66)
    * NEW STRATEGY 2024-2026 (FOCUS, TRANSFORM AND EXPAND)
BUILDS ON
SOLID PROGRESS IN PAST THREE YEARS
    * FY 2023 GROUP REVENUE DECLINED BY 5 PER CENT TO €6.3
BILLION
COMPARED TO FULL-YEAR 2022
    * FY NET RESULT WAS €175 MILLION (2022: €180 MILLION)

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