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Ramboll achieves growth despite tough market conditions

Despite a tough market, Danish consultant Ramboll achieved an all-time high revenue of DKK 3.5 billion during the first six months of 2011. During the past year, 855 new employees have joined the company, and Ramboll now employs 9,600 people. At the same time, the company have received record-high image rankings.

Operating profit before amortisation (EBITA) was DKK 141 million, which was lower than the first six months of 2010 and not satisfactory. Profit for the second half of the year is expected to increase compared to the first six months.

In line with Ramboll's strategy for growth and international expansion, the company has made acquisitions in Denmark, UK, Norway, and Finland. The largest acquisition was the British engineering consultancy, Gifford, with approx. 500 employees to create one of the UK's strongest and broadest engineering and consultancy groups. Ramboll in the UK now has a total of close to 1,000 employees. In addition, the takeover of 110 staff from DONG Energy in Denmark has strengthened Ramboll with expertise in large power plants and not least in the conversion from coal to renewable energy production.

Operating profit before amortisation (EBITA) was DKK 141 million. This result was lower than the first six months in 2010 (DKK 200 million). Order book increased to DKK 3.1 billion, by 11% since the beginning of the year.



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