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| Arcadis performed well in 2008 Dutch engineering consultancy Arcadis NV announced that in 2008, despite more difficult market conditions, net income from operations rose 12% to € 70.0 million. Per share, this is € 1.16 against € 1.02 in 2007. Gross revenue rose 15% to € 1.7 billion, while organic growth was 6%. All three business lines contributed to the revenue and profit increase. The infrastructure market remained strong across the board, with solid margin improvement, also from the sale of some energy projects in Brazil. In the environmental market, a slight margin increase was realized, but growth weakened in the second half as industrial clients, particularly in the U.S., were affected by the economic crisis. In the buildings market, organic growth remained at a good level, but margins were under pressure as commercial real estate was hit by the recession. It is proposed to raise the dividend by 10% to € 0.45 (2007: € 0.41) per share, to be distributed in cash. This represents 39% of net income from operations. write your comments about the article :: © 2009 Construction News :: home page |