News
26/August/2011 - Royal Haskoning achieves net profit of € 2.1 million in first half of 2011 In the first half of 2011 Royal Haskoning achieved a net profit of € 2.1 million compared with € 4.0 million in the first half-year of 2010. Turnover in the first half of 2011 was € 152 million (compared to € 167 million in the first half of 2010) and our Added Value of € 133 million was in line with the first half-year of 2010. |
In general project results are good, but the work load for our staff is under pressure. In the first half of 2011, the company received new orders worth €161 million with the value of the order portfolio amounting to some 6 months of work in hand (compared to almost 8 months per end of June 2010). Royal Haskoning's balance sheet remains very strong with an increased solvency of 56%.
Due to the current macro economic circumstances as well as the instability of the Middle East region, we expect our results to remain under pressure during the second half of 2011. However, we are confident that with our new organizational structure Royal Haskoning is in good shape for the future. Furthermore we will embark at a corporate level on an operation to focus further on operational efficiency and cost savings.
In the first half of 2011 Royal Haskoning reinforced its client focused approach by increasing the alignment of the internal organisation with the market and our client's operations. As of the 1st of July we have moved from 11 Divisions to 5 market based Business Lines. These Business Lines are Planning & Transport, Maritime & Waterways, Industry & Energy, Buildings and Water.