Royal BAM Group : Issues sealock Terneuzen not likely to impact BAM
>No material impact expected - An article in the Dutch financial daily states that the sealock Terneuzen project (24% BAM, previously 43% but less now due to sale of BAM Contractors Belgium) has been delayed again due to various issues. As the sole new element relates to previously undetected objects in the soil, we reason that, in line with the costs associated with the PFAS contamination, the customers (the Dutch and Flanders government and the Belgian ports) are ag...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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