VolkerWessels has again achieved good results in the first six months. Despite ongoing challenging market conditions in a number of sectors in the Netherlands the operational profit increased to € 97 million. The company was also able to achieve a net debt reduction of € 90 million.
Solvency also increased from 23 to 26 percent compared to 30 June 2014. The order book is also stable.
CFO Jan van Rooijen said: “All VolkerWessels sectors have shown a profit for the first six months. The underlying results demonstrate even sharper increases, especially in Building and Property Development and in the UK. We have shown that our strong focus on operating results and risk management has enabled us to improve our financial performance.”
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Increased profits despite challenging market conditions.