Royal BAM Group : New problem project surfaces, signed before the strategy change
>Manchester Arena hit by delays and technical issues - Local media in the UK have revealed that the large project on which BAM realized a material loss in the course of the second half of 2023 is the Manchester Arena, a concert hall. Due to delays and technical issues (source local media) the delivery of the concert hall has been postponed multiple times with the total cost now being estimated at GBP 400m versus the original GBP 350m. BAM indicated in the 2023 results...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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