Skip to main content

9% profit rise for merged HaskoningDHV

The combined half-year accounts of the merged Royal Haskoning and DHV showed profits up 9% despite the tough market conditions. Both former companies contributed equally to an operating profit (EBITA) over the first six months of 2012 at €13.9 million.
September 6, 2012 Read time: 2 mins
RSSThe combined half-year accounts of the merged Royal Haskoning and 6122 DHV showed profits up 9% despite the tough market conditions.

Both former companies contributed equally to an operating profit (EBITA) over the first six months of 2012 at €13.9 million.

Net result in the same period was €7.2 million, a 9% increase on 2011’s figure. At €362 million, revenue was down by 10%, of which 4% was due to the divestment of a Canadian subsidiary, which was executed in the second half of 2011. The remaining decrease of 6% was due to the difficult economic circumstances with some restructuring having been implemented in the first half of 2012.

The public sector market remained difficult in the Netherlands and the UK in combination with downward pressure on prices. Operations in Africa performed well, while results in Asia lagged behind.

Royal HaskoningDHV sees growth opportunities in countries and regions including India, the Asia Pacific, the Middle East, South Africa and Brazil. On the project front, the first full-scale municipal sewage treatment plant using the Nereda energy-saving technology was opened in the Netherlands. The company reports that Nereda has created significant international interest and that the number of Neredas in and outside the Netherlands is growing steadily.

The company’s subsidiary NACO is advising the international consortium responsible for the management and development of Viracopos International Airport in Brazil.

Before the merger, DHV and Royal Haskoning worked together in a consortium for the Mekong River Delta in Vietnam. The area is the size of the Netherlands and is home to 17 million people who need protection against flooding. In Oman, Royal HaskoningDHV is working on the Port of Duqm, an area five times the size of Heathrow.

For more information on companies in this article

Related Content

  • Caterpillar reports slight sales dip for full year 2014
    February 16, 2015
    Global construction equipment manufacturer Caterpillar reported full-year 2014 sales $55.184 billion, down from $55.656 billion in 2013. Caterpillar also reported fourth-quarter 2014 sales of $14.244 billion, again slightly down at 1% from $14.402 billion in the fourth quarter of 2013. The results and a continued weak to modest improvement has dampened Caterpillar’s expectation of increased sales for 2015, likely to be around $50 billion. “Overall, we had many positives and a better year in 2014 than 2013,”
  • Royal Haskoning DHV’s Saudi bottleneck busting contract
    July 9, 2012
    Royal Haskoning DHV has been selected to tackle 30 major traffic bottlenecks in the Saudi Arabian capital Riyadh over the next two years. ArRiyadh Development Authority (ADA) decided to award the US$1.87million (€1.5mn) contract to the Dutch project management, engineering and consultancy service provider following a call for tenders. The population of Riyadh has risen dramatically over the past few decades and currently stands at around 5.4 million and, as a result, the city's roads and motorways are reach
  • Wacker Neuson improves Q3 earnings in despite challenges
    November 14, 2016
    Light and compact equipment manufacturer Wacker Neuson Group saw revenue and earnings for the third quarter of 2016 increase relative to 2015. The company said that seen over a nine-month period, revenue remained at the prior-year level, balancing out the drop in earnings experienced during the first half of the year only partly. Despite adverse market factors, including ongoing crises in many emerging markets and key industries such as the agricultural sector, the oil and gas industry and mining, gro
  • Strong financial performance for Wacker Neuson
    May 10, 2023
    Wacker Neuson is seeing a strong financial performance.