Despite a challenging year for the Marine & Offshore division, the solid FY19 release for AvH was led by the other segments, as they made up the shortfall of the prior ‘growth engine’ and delivered a record net profit for the holding company. Thanks to a successful disposal in senior care, AvH benefits from a solid financial position that will allow it to carry out investments in 2020.
28 Feb 2020
FY19: other segments step up as offshore wind lags
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FY19: other segments step up as offshore wind lags
Ackermans & van Haaren NV (ACKB:WBO) | 0 0 0.8% | Mkt Cap: 4,897m
- Published:
28 Feb 2020 -
Author:
Jorge Velandia -
Pages:
3
Despite a challenging year for the Marine & Offshore division, the solid FY19 release for AvH was led by the other segments, as they made up the shortfall of the prior ‘growth engine’ and delivered a record net profit for the holding company. Thanks to a successful disposal in senior care, AvH benefits from a solid financial position that will allow it to carry out investments in 2020.