Royal BAM Group : Preview H1 2024: UK expected to hold back BAM
>An okay-ish H1 2024, held back by the UK - BAM will publish H1 2024 results on July 25 at 07.00h CET. An analyst meeting is planned for 10h CET, which will be webcast. We forecast sales of €2.87bn (css at €2.88bn), which is a decline of 3%. That is driven primarily by the UK’s Construction & Property unit. We forecast an adj. EBITDA of €106m (css at €114m) or a margin of 3.7%, down from 4.0% in H1 2023. This is also driven mainly by UK’s Construction & Property with ...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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