Ramboll information first half progress

Ramboll UK Managing Director Mathew Riley

The corporate, which in the present day employs greater than 15,500 individuals worldwide, achieved a gross enterprise turnover of DKK 7 billion (£ 848 million) within the first half of 2019.

Ramboll UK grew by eight% in comparison with the identical interval in 2018. The UK's basic supervisor, Mathew Riley, mentioned it was a superb end result contemplating the situations. present market. "We’ve welcomed new expertise into our enterprise within the first half of this 12 months, and we proceed to spend money on revolutionary approaches to rework the best way our trade operates and the worth we create for our purchasers," he mentioned. he declared.

World natural progress was three.9% in comparison with 7.1% within the first half of 2018. EBITDA was $ 308.5 million. DKK, in comparison with DKK 275.22 million within the first half of 2018. At four.four%, the EBITA margin was decrease than the four.eight% of the identical interval final 12 months. Nonetheless, this was anticipated as a result of it displays the inclusion of OBG, a just lately acquired US engineering and design consulting agency, which is characterised by a excessive stage of low-margin income via outsourcing. massive particular tasks. On a comparable foundation, the underlying margin was zero.four% increased than the identical interval final 12 months, the corporate mentioned. The variety of staff elevated by 9% within the first half of 2019, primarily because of the acquisition of OBG. The transaction added 900 staff to Ramboll, which created a brand new important unit for the Americas with 2,000 specialists working within the fields of water, vitality, surroundings and well being.

"Ramboll continues its robust progress with robust efficiency within the UK and the Nordic nations in addition to in our world water, transportation and constructing markets," mentioned group president Jens-Peter Saul. "I’m additionally delighted that the OBG integration is continuing as deliberate and that our mixed abilities have led to extra tasks than deliberate for our first semester collectively. As anticipated, the inclusion of OBG has a brief dilution impact on our margin. Nonetheless, our total efficiency is sweet and, at fixed scope, our working margin is increased than final 12 months. "

He added: "Sooner or later we are going to proceed to combine OBG and enhance the working margin of newly acquired enterprise. As well as, we are going to proceed our investments in digitization and innovation, together with our world incubator program, to help our ambition to change into a digital chief in our trade. We count on to proceed the great progress curve and finish 2019 with working revenue increased than 2018 ".

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