|
Royal BAM Group statement
Royal BAM Group is once again pleased with the performance
of the group companies in the United
Kingdom. Despite more challenging trading conditions, activities
in civil engineering, building
construction and facilities management have performed in line
with Group expectations. The UK
property portfolio remains of good quality, although affected
by market trends in this sector, Royal
BAM Group believes that property will return a positive margin
in the medium term.
Turnover of BAM UK-based operations now exceeds £1.75
billion, which places BAM firmly in the
top tier of UK construction organisations. Profit before tax
margins from our core activities is above industry average
performance and in line with Group expectations.
BAM in the UK demonstrates its support of the Royal BAM Group
strategic agenda, which seeks to
mobilise the full potential of the whole Group’s resources
and expertise. BAM in the UK is finding
many opportunities to combine the Group’s technical
and operational activities and offer their
customers added value.
Through positive leadership, BAM in the UK continues to make
excellent progress in all areas of
corporate responsibility, health and safety, the environment,
community relations and carbon
reduction management are all at the heart of our UK businesses
and very much in line with the
ambitions of the Royal BAM Group.
The Executive Board takes this opportunity to thank all BAM
UK-based staff for their dedication and
commitment and wishes them sustainable success in the future.
Martin Rogers
Member of the Executive Board
Royal BAM Group nv
|