Despite tough market conditions Ramboll continues to grow

Denmark’s Ramboll continued to grow in 2013 in a tough market due to strong performance in most business units.

Jens-Peter Saul, CEO of the Ramboll Group.

Ramboll generated a revenue of DKK 7.8 billion in 2013 compared to DKK 7.6 billion in 2012. This equals a total growth in revenue of 3%, which was particularly supported by positive developments in the UK, Denmark, Middle East and Norway as well as the business units Energy and Management Consulting. Excluding currency effects, revenue increased by 5%, of which 4% was organic growth.

Operating profit before goodwill amortisation (EBITA) was DKK 390 million compared to DKK 406 million in 2012. The EBITA margin was 5.0%, which was 0.4% lower than in 2012. The decrease in margin was mainly a result of fewer working days (0.4%), a final ruling on an old arbitration case (0.2%), and increased internal investments to improve the company’s productivity and competitiveness programme (0.2%). Excluding these effects, the EBITA margin of the operating units increased by 0.4% compared to last year.

Improved performance despite tough market conditions

“The majority of our business is very healthy and has effectively improved its performance in 2013 despite tough market conditions. This is even the case in difficult markets such as Finland, where our business unit has further improved profit, despite the negative impact of the current financial crisis in the country,” explains Jens-Peter Saul, CEO of the Ramboll Group.

The underlying positive trend is also evidenced by Ramboll’s strong cash performance. The company achieved a cash conversion of 129% in 2013.

Globally, more than 400 new employees joined the company in 2013, which means that Ramboll now has more than 10,000 employees.

Press Release, March 12, 2014

 

 

 

Share this article

Follow Offshore Energy Today

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply