Brief: BAM Groep Signs Long-Term Contract With Schiphol Airport

Koninklijke Heijmans NV

29/01/2019 17:49

Jan 29 (Reuters) - BAM GROEP  BAMN.AS :
    * SCHIPHOL HAS SIGNED LONG-TERM CONTRACTS WITH BAM, HEIJMANS
AND
VOLKERWESSELS
    * CONSTRUCTION COMPANIES CAN CARRY OUT WORKS AT SCHIPHOL FOR
A
MAXIMUM PERIOD OF NINE YEARS WITH A TOTAL ESTIMATED VALUE OF EUR
2.5 TO EUR 3.5 BILLION OVER THIS PERIOD
    * MAJORITY OF WORKS ARE FOR MAINTAINING AND INVESTING IN
EXISTING
INFRASTRUCTURE AT AIRPORT
    * CONTRACTS START ON 1 APRIL 2019
    * BASED ON CONTRACT DURATION OF NINE YEARS, TOTAL TURNOVER
FOR BAM
COULD AMOUNT TO APPROXIMATELY EUR 900 MILLION

Source text for Eikon:  ID: 
Further company coverage:  BAMN.AS 

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