BOSKALIS WESTMIN overview

Papendrecht, 17 December 2020 Royal Boskalis Westminster N.V. (Boskalis) has reduced its share capital by cancelling 5,100,506 ordinary shares held in treasury. The treasury stock was acquired by Boskalis as part of its share buy-back program. The total number of issued ordinary shares now amount to 130,277,832 (previously 135,378,338). With reference to the current and ongoing EUR 100 million share buy-back program, Boskalis has to date completed 75.17 percent of the program. In accordance with...

Papendrecht, 15 December 2020 Boskalis has received a Letter of Confirmation of Acceptance of Bid for the Land Development Design and Construction of the Manila International Airport (MIA) in the Philippines. The Letter of Confirmation was issued by San Miguel Aerocity Inc (SMAI), a subsidiary of San Miguel Corporation (SMC), one of the largest and most diversified companies in the Philippines. SMAI is the concession holder of MIA, which is a greenfield development aimed at serving the growing...

Papendrecht, 6 November 2020 ‎ THIRD-QUARTER HIGHLIGHTS Revenue level stable compared to the first half of the year Dredging: strong utilization of trailing suction hopper dredgers Offshore Energy: good contribution from both contracting and services Salvage: continued high activity level Order book: EUR 4.4 billion Strong net cash position further improved OUTLOOK FOR 2020 Dredging: stable market picture with COVID-19 related disruptions Offshore Energy: good year for Seabed Intervention and...

Papendrecht, 20 August 2020 KEY FIGURES FIRST HALF YEAR 2020 Revenue: EUR 1.3 billion EBITDA: EUR 204 million Operating result: EUR 72 million Net operating profit: EUR 48 million Extraordinary charges: EUR 148 million Order book: EUR 4.7 billion Positive net cash position of EUR 190 million OUTLOOK 2020 Dredging: stable at current level Offshore Energy contracting: good year for Seabed Intervention and Subsea Cables Offshore Energy services: growth in Survey due to addition of Horizon Salvage:...

Papendrecht, 22 July 2020 Royal Boskalis Westminster N.V. (Boskalis) has acquired two major dike reinforcement projects in the Netherlands, namely the IJsseldijk Zwolle-Olst project and the Krachtige IJsseldijken Krimpenerwaard. The projects are part of the national Flood Protection Program in which the government and regional Water Boards work together to protect the Netherlands against flooding. Based on current estimates, the combined contract value for Boskalis amounts to approximately EUR...

Papendrecht, 30 June 2020 ‎Royal Boskalis Westminster N.V. (Boskalis) announces that today the Annual General Meeting of Shareholders (the Meeting) adopted the 2019 annual financial statements. The Meeting discharged the members of the Board of Management for their management as well as the Supervisory Board for their supervision. All other voting items were also adopted, including the appointment of Mrs. R.V.M. Jones - Bos as a member of the Supervisory Board for a period of four years. Mrs....

Papendrecht, 27 May 2020 Royal Boskalis Westminster N.V. (Boskalis) has been awarded two contracts in Finland by the Finnish Transport Infrastructure Agency, the Port of Helsinki and the City of Helsinki with a combined contract value of EUR 32 million. In the Port of Helsinki, Boskalis will deepen de Vuosaari fairway and harbor basin from eleven to thirteen meters and utilize a part of the dredged material for the development of Helsinki’s Hernesaari area, which is close to the center of the...

Papendrecht, 14 April 2020 Royal Boskalis Westminster N.V. (Boskalis) has refinanced its revolving credit facility (RCF) providing the company with EUR 500 million committed bank financing until April 2025. The new facility was coordinated by ING Bank and is provided by a syndicate of seven banks (ABN AMRO Bank, BNP Paribas, HSBC, ING Bank, MUFG, Rabobank and NatWest). With the new five-year facility with improved terms, Boskalis refinances its current RCF which was due to mature in August 2021....

Papendrecht, 5 March 2020 ‎HIGHLIGHTS 2019 Revenue: EUR 2.6 billion EBITDA: EUR 376 million EBIT: EUR 111 million Net profit: EUR 75 million Record high order book: EUR 4.7 billion Net debt-free: EUR 26 million net cash Dividend proposal: EUR 0.50 per share all cash OUTLOOK Well-filled order book for 2020 Dredging: stable market volume with stable margins Offshore Energy: gradual market recovery Towage: stable market Royal Boskalis Westminster N.V. (Boskalis) ended 2019 well after a difficult...

Papendrecht, 3 February 2020 ‎ Royal Boskalis Westminster N.V. (Boskalis), a global dredging and marine contractor and Wetlands International, the global NGO dedicated to the safeguarding and restoring of wetlands, will intensify collaboration to enhance and restore coastal wetland habitats that not only support coastal protection and fisheries but store some of the world’s largest quantities of carbon. The recently signed agreement will see the organizations first focus on developing the...

Papendrecht, 9 January 2020 ‎Earlier this week, an incident occurred on board of the FPSO which is currently being transported by the Vanguard from China to Brazil. During the journey a contractor, designated by the yard, is conducting preservation works on board of the FPSO. These works are part of the pre-delivery activities by the yard before the FPSO is delivered to the operator in Brazil later this month. Six persons employed by the designated contractor, all with the Brazilian...

Papendrecht, 23 December 2019 Royal Boskalis Westminster N.V. (Boskalis) has been awarded a sizable (1) contract to connect an offshore Floating Storage and Regasification Unit (FSRU) to an onshore power plant in El Salvador. The contract was awarded by Energia del Pacifico (EDP), a 378-MW liquefied natural gas (LNG)-to-power infrastructure project at the Port of Acajutla, El Salvador. The project will commence early 2020 and is scheduled to be operational by the end of 2021. ‎ The project...

Papendrecht, 23 December 2019 Royal Boskalis Westminster N.V. (Boskalis) has been awarded a multi-year contract for the maintenance dredging in Rotterdam, the Netherlands, ensuring the continued safe access to the port. The contract was awarded by the Port of Rotterdam and the Department of Public Works (Rijkswaterstaat) in the Netherlands. The maintenance dredging will take place in the Maasmond/Maasgeul in the access channel and inner port basins of the port. The award criteria included...

Papendrecht, 8 November 2019 THIRD-QUARTER HIGHLIGHTS Good revenue development with strong improvement of the result compared to the first half of the year Healthy utilization of trailing suction hopper dredgers within Dredging Strongly improved result at Offshore Energy and stable utilization of heavy transport vessels Order book: EUR 4.2 billion OUTLOOK FOR 2019 Dredging: stable market picture Offshore Energy: strong recovery in second half following weak first half Towage: sale of stake in...