Royal BAM Group : Afsluitdijk project de-risked? It sure looks that way
>Another significant step towards de-risking, TP to €3.05 - Based on a letter of the Dutch minister of Infrastructure and Water to parliament about additional compensation to the Levvel consortium and the subsequent press release by BAM, we assume that the so called Afsluitdijk project has been de-risked. That would be a major positive for BAM as this project was one of the large legacy projects that could result in additional material losses going forward. This proje...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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