Excerpted with permission of Environment Analyst:
Last week Ramboll announced that Vetrano – who has steered the business for 15 years (including his time with the legacy Environ business) – will be standing back to pursue other activities within the firm. Stepping into his shoes is Jesper Dalsgaard, the former managing director of Ramboll’s buildings business. Dalsgaard will inherit an E&H order book of $266m to keep him busy.
However, Vetrano will stay at Ramboll in an advisory role to his successor, alongside another assignment to lead a number of client development initiatives as part of a strategic effort to target and maintain major contracts. He will also set aside some time to act as a mentor to help develop upcoming leaders within the business.
Speaking to EA on his first day at the helm of E&H, we asked Dalsgaard what his ambitions are for this business unit. Coming from within Ramboll’s core buildings division, he has aspirations to help E&H to grow its end-to-end capabilities and leverage Ramboll’s more traditional skills in front-end design and commissioning. He also wants to continue Vetrano’s work in expanding Ramboll E&H into the Americas and Asia.
Solid performances in the US, UK and Asia led Ramboll to post organic group revenue growth of 7% to DKK11.4bn ($1.74bn) in 2018 - marking a record year (EA 20-Mar-19). Strong momentum from some of the firm’s youngest markets helped to offset a slowdown in its traditionally Nordic territories of Denmark and Sweden, alongside its global energy practice.
Ramboll’s 2,400-strong E&H business posted gross revenue growth of 9% and net revenue growth of 6% to DKK2.7bn (US$418m), accounting for a stable 24% of the group net total. And of Ramboll’s total earnings, E&H contributes 30%, leading Vetrano to hails it as a "significant piece of the overall Ramboll business".
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