Bam’s UK business sees profit slide

By Hamish Champ2019-08-22T10:28:00

Dutch contracting giant keeping an eye on Brexit as UK profit falls

Royal Bam’s UK arm posted a 38% fall in pre-tax profit for the first six months of 2019, despite delivering what the Dutch contracting giant called a “robust performance”.

The group said its UK construction and property arm made a “solid contribution” while the country’s civil engineering operation saw a slow start to the year.

Bam’s UK business delivered total revenue of €883m (£807m), down 3% and pre-tax profit of €15.7m (£14m), down 38%.

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