The Netherlands: Royal Haskoning Reports Net Loss of EUR 3 Million

This year Royal Haskoning published a comprehensive report that provides an overview of some projects five new business lines undertook during 2011. They also include the reports of their support services and CSR initiatives.

Last year was again one of the most challenging their industry has faced. The year showed a net loss of €3.0 million (compared to €7.6 million net profit in 2010). The operating income decreased from €335 million in 2010 to €312 million in 2011.

While these results are in line with their expectations, the decisions they took during 2011 herald growth and prosperity for their company going forward. On 27 February 2012, they announced intention to merge with Dutch engineering and consultancy firm DHV.

The new company will have a combined turnover in excess of € 700 million and will be one of Europe’s leading independent project management, engineering and consultancy service providers. Ranking globally in the top 10 of independently owned, non-quoted companies and top 40 overall, new organisation will have 8,000 staff and provide services from more than 100 offices in over 35 countries.

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Offshore WIND staff, April 13, 2012; Image: Royal Haskoning