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| BAM reports €44 million adjusted EBITDA in first quarter Royal BAM Group nv reports an adjusted EBITDA of €44 million in the first quarter 2024, reflecting an adjusted EBITDA margin of 3.1%. BAM's cash position remains solid and the capital ratio further improved. The order intake was strong. For the full-year 2024, BAM expects to deliver an adjusted EBITDA margin within the strategic range between 4 and 6%. • Revenue of €1.4 billion, 3% below first quarter 2023 • Adjusted EBITDA of €44 million (Q1 2023: €58 million, including result on a UK property divestment) • Liquidity position solid at €0.5 billion • Capital ratio further improved to 25.2% (year-end 2023: 23.4%) • Order book increased by 10% to €10.7 billion write your comments about the article :: © 2024 Construction News :: home page |