Key information: Q3 revenue and result development in line with management’s expectations. Utilisation rates stable for trailing suction hopper dredgers (Dredging) and heavy transport vessels (Offshore Energy). Order book increased 8% to €2.9bn thanks to acquisitions. Good contribution from VolkerWessels’ offshore activities acquired at the beginning of Q3.
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Impairment in Q4 likely, but Boskalis remains undervalued
- Published:
14 Nov 2016 -
Author:
Felix Brunotte -
Pages:
3
Key information: Q3 revenue and result development in line with management’s expectations. Utilisation rates stable for trailing suction hopper dredgers (Dredging) and heavy transport vessels (Offshore Energy). Order book increased 8% to €2.9bn thanks to acquisitions. Good contribution from VolkerWessels’ offshore activities acquired at the beginning of Q3.