Ramboll continues to deliver strong organic growth

One year into Ramboll’s new strategy that goes ‘all in’ on sustainability, the global architecture, engineering and consultancy company delivered its best organic growth in 14 years.

Group CEO Jens-Peter Saul says: “I am pleased with our performance in 2022, particularly our strong growth which landed well above expectations after a record result in 2021. Despite headwinds in the world economy, we have managed to deliver double-digit gross revenue growth and the strongest organic growth in 14 years. This growth is driven by a high demand for sustainable solutions and the dedication of our fantastic employees. We also achieved our highest profit ever, although our margin was slightly lower than last year.”

Double-digit growth in key markets driven by demand for sustainable solutions

Growth was particularly strong in the business units for Energy, Water, Buildings and Management Consulting which all achieved double-digit organic growth. The UK and Germany delivered an outstanding performance with more than 20% organic growth, with Denmark and Norway also contributing significantly to the Group's growth.

“Across our geographies the strong desire for sustainable solutions by our clients, who are motivated to decarbonise value chains and deliver on global goals for climate and nature, is a strong growth driver for Ramboll. We see particularly high demand in the market for our services within renewable energy including offshore wind and Power-to-X solutions, water, climate adaptation, low-carbon buildings, and for helping establish sustainability strategies for clients,” Jens-Peter Saul says and continues:

“This decade will be decisive for the world to limit the rise in global temperatures and to take the necessary steps towards net-zero. I am pleased to see that sense of urgency in the form of a high demand for green and sustainable solutions all over the world, as well as major economies taking significant climate action. Right now, the US is investing billions in its green industry. Recently the EU unveiled plans for its own Green Deal that will enhance the competitiveness of Europe’s net-zero industry and support the fast transition to climate neutrality. So even though high energy prices, stretched supply chains, and the tragic war in Ukraine continue to strain the world economy, we also have reason to be positive about the collective effort we see to address the most pressing issue of our time: halving global emissions by 2030 to avoid catastrophic climate change.”

“With decades of expertise in sustainability across sectors and markets Ramboll is deeply committed to deliver on that goal, which is also the biggest growth opportunity in Ramboll’s history. Our 17,500 employees are our most powerful engine for driving the sustainable change we want to see. Therefore, we are supporting all our employees with improving even further their knowledge about sustainability through a global sustainability learning initiative launched last year which is available to all employees globally. A special focus is on building specialist competence centres with deep knowledge where we develop the global thought leaders who can really take this important agenda forward. In addition, we are looking to acquire relevant companies to enhance our strategic growth platform particularly in the US and Germany,” Jens-Peter Saul says.

Looking to 2023, Ramboll expects continued strong growth and profit above 2022 level.

Read Ramboll’s Annual Report 2022.

New strategic projects across the world in 2022

In 2022, Ramboll won large projects across diverse sec­tors, demonstrating Ramboll’s ability to deliver positive impact to clients that cuts across decarbonisation, circularity, climate resilience, and biodiversity.