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| Arcadis posts record 2006 profit Arcadis, the Dutch global engineering giant, said net income from operations rose 50% to € 50.0 million in 2006. Per share this is € 2.47 against € 1.65 in 2005. This record result is attributable to strong organic growth, continued margin improvement and a solid contribution from acquisitions. Gross revenue increased 23% to € 1.2 billion. At 10%, organic growth was especially strong. The margin improved to 9.4% against 8.2% in 2005. Across the board performance was good. In all three service areas, organic growth was on or above target, while margins improved. Geographically, the profit gains were primarily strong in the Netherlands, the United States, and the United Kingdom. Arcadis proposes a cash dividend of € 1.00 per share. This is more than 40% of net income from operations and over 50% more than the € 0.66 per share over 2005. write your comments about the article :: © 2007 Construction News :: home page |