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ARCADIS N.V.

ARCADIS N.V.

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Publicatie datum 23 apr 2015 - 07:07
Statutaire naam ARCADIS N.V.
Titel ARCADIS delivers strong growth in the first quarter 2015 and confirms full year outlook
Bericht Strong increase in gross revenues of +40% and net revenues of +42% driven by acquisitions and currency effects Organic net revenue growth up +2%, driven by Middle East, Continental Europe, UK and Asia Integration of Hyder, Callison and Canadian activities well on track Operating EBITA increased by +35%; excluding Hyder, operating margin of 9.8% in line with last year (9.6%). Including Hyder operating margin was 9.1% Free cash flow in the quarter lower than last year due to increased working capital Backlog up +7% due to currency effects Outlook confirmed: ARCADIS expects 2015 revenues and profit to increase significantly from recent acquisitions, organic growth, currency effects and performance excellence initiatives