Strong recovery in profit for VolkerWessels
On 13 March 2014, Volker Wessels published its annual results in 2013.
Dutch market conditions remain difficult
- Operating profit (EBITDA): € 227 million (2012: € 138 million)
- Net result: € 117 million profit (2012: € 123 million loss)
- Write-down of land and real estate holdings: € 11 million (2012: € 196 million)
- Revenue: € 4.5 billion (2012: € 4.9 billion)
- Order book: € 6.1 billion (2012: € 5.5 billion)
Dutch market
VolkerWessels achieved a net profit of € 117 million in 2013. The company's results significantly improved and operating profit (EBITDA) grew by € 89 million to € 227 million. The secured order book increased by € 0.6 billion, to stand at € 6.1 billion as at 31 December 2013. The quality of our order book is also improving, with multi-year frameworks and maintenance contracts creating a stable foundation for the longer term. Our liquidity position is also developing well and VolkerWessels is net debt-free at the end of 2013.
Read the full press release on the website of Volker Wessels.