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

  • Liebherr’s results have been hit by the pandemic
    April 20, 2021
    Liebherr’s 2020 financial results have been hit by the pandemic.
  • Italy’s construction market is growing
    November 18, 2019
    Investments in the construction sector continue to grow, driven by the resumption of public works.
  • Prismo Contracting sold
    March 2, 2012
    Ennis Traffic Safety Solutions has sold its UK-based contracting subsidiary, Prismo Contracting Services to DBi Services of Hazleton, Pennsylvania.
  • Wacker Neuson’s record-breaking quarter revenue
    May 10, 2012
    Wacker Neuson Group (WN) achieved its higher ever revenue quarter in the first three months of 2012. The €274million revenue recorded in Q1 2012 was a 29.3% rise on the €211.8million posted over the same period of 2011. “The compact equipment segment and the Americas region were our two strongest growth drivers, reporting revenue gains of 51% and 34% respectively relative to the previous year’s quarter,” said Cem Peksaglam, chief executive of WN. “Our expansion strategies are gaining traction. Despite gene