24 авг 2015
With a large order backlog, recent contracts and high client satisfaction, international engineering and project management consultancy Royal HaskoningDHV is confident about the long-term future. Recently the company won a major sanitation project worth € 6.6 million in Indonesia, which underlines that the strategy of the company to focus on growth in selected markets is working well. 

Erik Oostwegel, Chairman of the Executive Board: "In the first half of the year we put a stronger focus on project acquisition, which has clearly paid off. Our backlog shows a growth of 8%, along with increased utilisation rates in the longer term." 

Leading projects

In the past half year Royal HaskoningDHV won a number of leading projects. Today the company announced that the Dutch Embassy in Jakarta has awarded Royal HaskoningDHV with a major project, the Urban Sanitation Development Programme Phase 2 which will improve the health of millions of people in Indonesia. The project will provide direct support for the acceleration of sanitation development to some 100 local governments in 10 Indonesian provinces. It supports the country’s ambitious nationwide programme to achieve universal access to sanitation by 2019. At present approximately 40% of Indonesians live without proper sanitation, which means that they are constantly at risk of picking up preventable diseases such as diarrhoea and cholera. Royal HaskoningDHV will focus on providing support to local governments with the objective to define realistic sanitation development targets and plans, and accelerate implementation of these plans. The project also focuses on creating awareness among the population about the importance of sanitation. This combined approach has proven to be successful in the earlier phase of the project: local communities increasingly understand the importance of good sanitation, which is why they ask for it themselves and are willing to pay for this, while local governments are willing to provide these services.

The Indonesian sanitation project is an example of the solutions that Royal HaskoningDHV offers to global challenges associated with the growing world population and the consequences for towns and cities; the demand for clean drinking water, water security and water safety; pressures on traffic and transport; resource availability and demand for energy, and a different approach to waste. 

In addition to the recent project acquisition in Indonesia, Royal HaskoningDHV also won other major projects over the last half year, such as project management for the new Canal Seine-Nord Europe in France (joint venture), environmental consultancy for the extension of the Kentish Flats wind farm off the coast of Kent (UK), and for Mexico City's new international airport the company obtained the contract for designing the runways, taxiways, platforms and associated buildings (joint venture). 

Outlook

The Aviation, Maritime & Waterways, Buildings & Industry, Energy and Mining Business Lines achieved healthy growth in the first half of the year. The Infrastructure and Planning & Strategy Business Lines are showing good signs of recovery with major infra projects in the Netherlands in the pipeline. The Rivers, Deltas & Coasts Business Line is seeing an increase in land reclamation and waterfront development projects in the Middle East and Asia. The Water Technology Business Line continues to perform well with the deployment of the Nereda® wastewater treatment technology.

In line with the company strategy the focus in the second half of 2015 will remain on growth in Asia, the Middle East and Southeast Africa. Royal HaskoningDHV is getting ready to take full advantage of the upturn in economic growth through a stronger client focus and a few organisational changes.

Key figures first half year 

Revenue decreased by € 2 million in the first half of the year compared to the first half of 2014, mainly due to the strategic divestment of the Industrial Engineering activities at the beginning of 2015. The upward trend in the operating margin that started in 2014 has continued, but due to some specific one-off project issues EBITA recurring and net result decreased. The net result was also impacted by the reorganisation of some units. Royal HaskoningDHV intends to restore the operating margin through improved project management and through the application of Lean principles.


(€ million, unless stated otherwise)

2015

2014

Revenue

319

321 

EBITA recurring*

7.3

9.1 

Net result

0.1

4.6 

Operating margin

2.3%

2.8% 

* EBITA recurring excludes integration and restructuring costs. 2014 is restated for results in participating interests previously recognized as EBITA recurring.