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Construction : Press Release | April 2016 | Source : Infrastructure Today

Ramboll grows 28percentage in difficult market

Ramboll Group delivered growth despite challenging market conditions in 2015. Revenue increased by 24.5 per cent measured in local currencies and by 27.7 per cent in Danish kroner from DKK 8,292 mln in 2014 to DKK 10,589 mln. Excluding oil & gas business, organic growth was 4.5 per cent. Operating profit before goodwill amortisation (EBITA) was DKK 475 mln versus DKK 413 mln in 2014, giving an EBITA margin of 4.5 per cent, which was 0.5 per cent point lower than in 2014.

Ramboll Group CEO Jens-Peter Saul said, 'We've closed 2015 with a top tier cash performance.. With a constant focus on improving services to our clients and deepening existing competences, we are in good position to handle a challenging 2016 and take advantage of opportunities globally'.

Pawan Maini, MD, Ramboll India added, '2015 was an exciting year for Ramboll India. We continued to expand our client base in telecom and buildings markets and strengthened transport capabilities by launching rail and tunnel engineering services. Despite a challenging global economy, we're happy to have won new interesting projects last year, some of prime national importance. This led us to finish the year on a very strong footing'.

With an extensive delivery record in India spanning over 18 years, Ramboll in India employs more than 800 professionals working from five principal offices in Hyderabad, Mumbai, Chennai, Bengaluru and Gurgaon.

 
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