en.Wedoany.com Reported - Dutch construction and infrastructure group BAM recently announced its financial performance for the first quarter of 2026, with both revenue and adjusted EBITDA achieving further growth. The group currently holds a stable order book of €13 billion, with improved solvency compared to before and a robust cash position maintained.
CEO Ruud Joosten commented on the current performance: "In the first quarter of 2026, our revenue and adjusted EBITDA grew further, laying a solid foundation for the full year. Both operating divisions, as well as our Belgian activities, contributed to the increase in adjusted EBITDA. Thanks to strong execution and a disciplined bidding strategy, the contribution from UK construction contracts continued to improve." He also elaborated on the market outlook from the demand side, noting that the group sees strong market opportunities driven by the accelerating energy transition, investments in infrastructure and defence, and the growing demand for sustainable and affordable housing, and stated that the group demonstrates market-leading capabilities in these areas. Joosten added that government investments and initiatives in the Netherlands, the UK, and Ireland also underpin these opportunities.
Regarding UK construction contracts, the profitability of this operating division has improved, while UK civil engineering contracts continued to deliver strong performance. During the first quarter, the UK construction division secured the project for Sheffield's Wales High School, which will achieve net-zero operational standards, and also won the building contracts for Eastwood Park Leisure Centre, Theatre and Library from East Renfrewshire Council in Scotland. BAM was also selected for the UK Department for Education's multi-year school framework contract CF25. In the UK civil engineering sector, the company secured a place on the renewed North West Procurement Partner framework.
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