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| 2005 a strong year for Royal BAM In 2005, Royal BAM Group realised a net result of €153.3 million (2004: €146.4 million before competition law fine). Assuming that the preference dividend in 2004 had been charged against the results, as they were in 2005 (€15.3 million and €8.5 million, respectively), the net result on a comparable basis rose by 17%. Turnover in 2005 dropped slightly to €7.4 billion (2004: €7.5 billion). The main reason for this drop is the selective contracting policy adopted in Germany. Conversely, the activities in Ireland and the United States rose, as did those of the operating companies that have global activities. write your comments about the article :: © 2006 Construction News :: home page |