Royal BAM Group : Preview 2023 results: adj. EBITDA margin target to be achieved
>Solid Q4 expected to lead to 2023 adj. EBITDA % of 4.4%, in line with guidance - BAM will publish its Q4 and 2023 results on February 15 at 07.00h CET. For Q4 we forecast sales of €1.54n (BB css at €1.51bn) and ad. Adj. EBITDA of €66.2m (BB css at €60.7m) which implies an adj. EBITDA margin of 4.3%, up from 4.0% in Q4 2022. For 2023 as a whole we forecast sales of €6.07bn (BB css at €6.04bn) and an adj. EBITDA of €265.6m (BB css at €260.1m, using BB IFRS EBITDA plus ...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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