Trading update says UK performing 鈥榮atisfactorily鈥�

The Dutch parent of Bam has said that revenue in the first nine months of the year was above pre-covid levels.

In a trading update, Royal Bam said income during the period was up 11% to 鈧�5.3bn (拢4.5bn) with adjusted earnings up to 鈧�223m (拢189m) from 鈧�37.5m (拢32m) in 2020.

Bam (3)

Bam will publish its 2021 results next February

The firm said trading in the UK and Ireland was 鈥渟atisfactory鈥� with work driven, it added, by public stimulus programmes.

Royal Bam has pulled out of the loss-making German market and is closing its Bam International arm.

Last year鈥檚 revenue was 鈧�6.8bn (拢5.6bn) with adjusted earnings standing at 鈧�223m (拢170m).

The firm will publish its annual results next February.

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