VolkerWessels achieves solid interim result
Long-term contracts provide growth in order book Operating profit (EBITDA) in first semester: € 81 million (1st semester 2012: € 56 million) Net profit in first semester: € 43 million (1st semester 2012: € 17 million) Turnover in first semester: € 2.1 billion ( 1st semester 2012: € 2.3 billion) Order book in June 2013: € 6.7 billion (year-end 2012: € 5.5 billion)
VolkerWessels' operating profit and net profit are solid in difficult market conditions. Despite a 10% fall in turnover, the result has improved compared with the first semester of 2012. International markets and the Energy & Telecoms sector now account for almost half of VolkerWessels' revenue.
The order book grew in the first semester of 2013 with some significant new orders, including a number of long-term contracts. VolkerWessels' financial position remains solid and the company has further reduced its net debt.
Please click on link below for full press release.