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Koninklijke BAM Groep NV (BAMN.AS)

BAMN.AS on Amsterdam Stock Exchange

4.99EUR
24 Mar 2017
Change (% chg)

€-0.03 (-0.64%)
Prev Close
€5.02
Open
€5.02
Day's High
€5.02
Day's Low
€4.96
Volume
893,295
Avg. Vol
1,579,061
52-wk High
€5.13
52-wk Low
€2.94

Latest Key Developments (Source: Significant Developments)

BAM FY pre-tax profit beats Reuters poll
Tuesday, 21 Feb 2017 01:24am EST 

Koninklijke BAM Groep NV : BAM reports higher adjusted result of 102.7 million euros ($108.7 million) and strong cash flow of 102 million euros for 2016 . FY revenue of 6.98 billion euros versus 7.04 billion euros in Reuters poll . FY adjusted pre-tax result is 102.7 million euros versus 97.2 million euros in Reuters poll . FY net profit 46.8 million euros versus 49.4 million euros in Reuters poll . Dividend per share proposal of 0.09 euros, payout 50 pct with scrip alternative . Order book quality improving due to tender discipline; lower level due to FX and market conditions . External environment is mixed with on one hand stable or slightly improving economic indicators and on the other hand, uncertainty on brexit, elections . "Looking ahead, the external environment is mixed with on the one hand stable or slightly improving economic indicators and on the other hand, uncertainty on Brexit and upcoming elections" . For 2017, BAM expects the revenue to be slightly lower and the adjusted result before tax to be higher than the level of 2016 . For 2017, BAM anticipates a significantly lower restructuring charge compared to 2016 .Order book at end 2016 10.20 billion euros versus 11.50 billion euros at end 2015.  Full Article

P.A.F.W. Elverding to retire as BAM chairman
Tuesday, 21 Feb 2017 01:17am EST 

Koninklijke BAM Groep NV : Chairman P.A.F.W. Elverding has informed supervisory board of decision to retire of supervisory board for health reasons after AGM on April 19, 2017 . Elverding will be succeeded as chairman by mr H.L.J. Noy .Supervisory board intends to nominate mrs H. Valentin, chief operating officer, Watson Internet of Things at IBM corporation, for appointment to supervisory board for period of four years by annual general meeting on April 19, 2017.  Full Article

BAM to deliver Perth Museum & Art Gallery project
Thursday, 26 Jan 2017 09:44am EST 

Koninklijke Bam Groep NV :Local authority has appointed BAM Construction to carry out the work on the Museum with the overall design of the project led by architectural firm Hoskins.  Full Article

Dover District Council announces Bam Construction is its preferred contractor for pre-construction phase of 26 million pound leisure centre
Monday, 9 Jan 2017 07:33am EST 

Bam Groep :Dover District Council has announced that Bam Construction is its preferred contractor for pre-construction phase of new 26 million pound ($31.64 million) Dover District Leisure Centre.  Full Article

BAM appointed to new projects capital procurement framework
Thursday, 5 Jan 2017 07:59am EST 

BAM Groep : Has been appointed to a new major projects capital procurement framework by Staffordshire County Council . Has been appointed for schemes valued at 9 million pounds ($11.07 million) and above .Council's initial assessment is that this will produce around 30 million to 60 million pounds of schemes over framework's four year term.  Full Article

Bam to build 25 million pound West London multi-faith school
Friday, 16 Dec 2016 08:46am EST 

Koninklijke BAM Groep NV : Confirmed as contractor for 25 million pound ($31.08 million) West London multi-faith school .BAM Design and BAM Construction appointed to design and build Nishkam School in West London.  Full Article

BAM wins new contract in Denmark for about 16 million euros
Wednesday, 7 Dec 2016 10:10am EST 

Bam Groep : BAM Danmark has won contract for renovation and extension of offices for department of public works for city of Helsingor . Contract value is approximately 16 million euros ($17.2 million) .BAM Danmark expects to hand-over project to city of Helsingor in autumn of 2018.  Full Article

Timpaan and BAM Woningbouw signed an implementation agreement for the construction of 121 homes
Wednesday, 30 Nov 2016 03:00am EST 

BAM Groep : Timpaan and BAM Woningbouw signed an implementation agreement for the construction of 121 homes Further company coverage: [BAMN.AS] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

BAM's subsidiary wins office contracts in Berlin
Monday, 21 Nov 2016 07:12am EST 

Koninklijke BAM Groep NV : BAM's subsidiary wins office contracts in Berlin . Total contract value is over 30 million euros ($31.92 million) .Phases 2 and 3 will be delivered in September 2018.  Full Article

BAM says Top Vastgoed and AM RED commence construction mall in Brouwerspoort
Tuesday, 11 Oct 2016 04:58am EDT 

Koninklijke BAM Groep NV : Top vastgoed and AM RED commence construction shopping mall in Brouwerspoort (Veenendaal, Netherlands) .Delivery scheduled for fall 2017.  Full Article

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