What Were Q4 Profits For 2018 Of Bam, Bam, one of the leading construction companies in the world, recently announced its Q4 profits for, General, what-were-q4-profits-for-2018-of-bam, JPOSE
Bam, one of the leading construction companies in the world, recently announced its Q4 profits for 2018. The figures indicate a strong financial performance for the company in the final quarter of the year.
According to the company's financial report, Bam's Q4 profits amounted to €32 million, compared to €20 million in the same period in 2017. This represents an increase of 60% in profits year-on-year.
Bam's revenue also saw an increase in Q4 2018, reaching €1.6 billion, compared to €1.3 billion in the same period in the previous year. This represents a significant increase of 23% in revenue year-on-year.
The company's order book also showed a positive trend, with an increase of 10% compared to the end of 2017. The order book stood at €12.2 billion at the end of Q4 2018, providing solid visibility for the company's future revenue streams.
Bam's CEO, Rob van Wingerden, commented on the company's Q4 performance, stating that it was a "strong end to the year". He attributed the positive results to the successful implementation of the company's strategy, which focuses on strengthening its position in its core markets and improving profitability.
The company's financial performance in Q4 2018 reflects Bam's commitment to delivering value to its shareholders and customers. With a solid order book and a strong financial position, the company is well-positioned to capitalize on growth opportunities in the construction industry in the coming years.