Royal BAM Group : Project tail risk becoming less but ESG issue pops up
>Project tail risk moving in the right direction - After having resolved the sea lock Germany project issues (new and updated contract), adjusted the equity stake of the Oosterweel tunnel contract (Belgium), it now appears as though two other large projects (Afsluitdijk and sea lock IJmuiden) are de-risking, which is very positive. Apart from Afsluitdijk and the Children’s hospital Dublin there are still other projects with a higher than average risk profile (sea lock...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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