Royal BAM Group : A strong performance in H1 despite a hiccup in the UK
>Beats on sales, adj. EBITD and the adj, EBITDA margin - BAM reported excellent Q2 and H1 2024 results, In Q2, sales beat css by 18% with EBITDA also beating css by 18%. The adj. EBITDA margin was 4.7%, in line with css but better than we had expected. Sales were also provided on a regional basis for H1 and the Netherlands (beat of 13%), the UK (beat of 6%) and Ireland (beat of 2%) all did better than expected. The adj. EBITDA margin was, however, slightly disappointi...Koninklijke Bam is a construction group based in the Netherlands. Co. is active in the sectors construction, property, civil engineering, public private partnerships, mechanical and electrical contracting, consultancy and engineering, and facilities management. Co. maintais market positions in the Netherlands, Belgium, the United Kingdom, Ireland and Germany. Co. undertakes specialist construction and civil engineering projects in niche markets worldwide. Co.'s consultancy and engineering company provides services to global clients with their international operations.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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