Report
Martijn Den Drijver

Royal BAM Group : Preview Q3 2023: An okay quarter

>Solid year on year improvement in EBITDA margin expected - BAM will publish its Q3 2023 results on November 2. An analyst call is scheduled for 10.00h CET which can be followed via BAM’s website. We forecast sales of € 1.48 bn, down from € 1.59bn in Q3 2022 but that still included contributions from the divested Wayss & Freytag unit (transaction closed 16 Sep 2022). Despite better housing sales and no negative impact from the Danish projects (provision taken in H1 2...
Underlying
Koninklijke BAM Groep NV

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Martijn Den Drijver

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