{"id":3234,"date":"2019-02-20T13:26:16","date_gmt":"2019-02-20T13:26:16","guid":{"rendered":"https:\/\/cita.co.uk\/news\/?p=3234"},"modified":"2019-02-20T13:26:16","modified_gmt":"2019-02-20T13:26:16","slug":"bam-uk-profit-margin-rises-to-3","status":"publish","type":"post","link":"https:\/\/cita.co.uk\/news\/bam-uk-profit-margin-rises-to-3\/","title":{"rendered":"BAM UK profit margin rises to 3%"},"content":{"rendered":"<p>Pre-tax profit margins at BAM\u2019s combined UK building, civil engineering and property activities climbed to 3% last year from 1.8% previously.<\/p>\n<p>The strong performance saw the UK operations contribute more to Dutch construction group Royal BAM&#8217;s profit than any other trading region, including its chief home market.<\/p>\n<p class=\"p1\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"163817\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=http%3A%2F%2Fwww.constructionenquirer.com%2Fdirectory%2F%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"http:\/\/www.constructionenquirer.com\/wp-content\/uploads\/enquirer_directory_mpu.gif\"\/><\/a><\/div>\n<\/div>\n<p>Royal BAM chief executive Rob van Wingerden said the\u00a0UK has performed strongly in 2018 despite Brexit uncertainty.<\/p>\n<p>UK pre-tax profit jumped 80% to \u00a351m on revenue up 3% to \u00a31.66bn.<\/p>\n<p class=\"p1\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"124439\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=+http%3A%2F%2Fwww.hudsoncontract.co.uk%2Fliability%3Futm_source%3DConEnq%26utm_medium%3DBanner%26utm_campaign%3DFeb19%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"http:\/\/www.constructionenquirer.com\/wp-content\/uploads\/HC-Feb19-ConEnq-Ad.gif\"\/><\/a><\/div>\n<\/div>\n<p>The strong performance in the UK and Ireland helped to offset margin erosion in Royal BAM&#8217;s Dutch market.<\/p>\n<p>Overall the group reported pre-tax profit of \u00a3100m after taking into account restructuring costs and writedowns. Revenue rose 10% to \u00a36.3bn.<\/p>\n<p class=\"p1\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"165527\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.conquest.ltd.uk%2F%3Futm_source%3Dconstruction_enquirer%26utm_campaign%3Dconstruction_enquirer_ad+%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"http:\/\/www.constructionenquirer.com\/wp-content\/uploads\/Conquest-Advert-White-Footer.gif\"\/><\/a><\/div>\n<\/div>\n<p class=\"p1\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"94469\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=http%3A%2F%2Fwww.technal.co.uk%2Fen%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"http:\/\/www.constructionenquirer.com\/wp-content\/uploads\/T_CE_070814.gif\"\/><\/a><\/div>\n<\/div>\n<p>from Construction Enquirer https:\/\/ift.tt\/2GSdb3e<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pre-tax profit margins at BAM\u2019s combined UK building, civil engineering and property activities climbed to 3% last year from 1.8% previously. The strong performance saw the UK operations contribute more to Dutch construction group Royal BAM&#8217;s profit than any other trading region, including its chief home market. Royal BAM chief executive Rob van Wingerden said [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":146,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[9],"class_list":["post-3234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-construction-enquirer"],"_links":{"self":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/3234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/comments?post=3234"}],"version-history":[{"count":1,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/3234\/revisions"}],"predecessor-version":[{"id":3235,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/3234\/revisions\/3235"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media\/155"}],"wp:attachment":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media?parent=3234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/categories?post=3234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/tags?post=3234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}