Ramboll Group delivered a resilient financial performance in 2009 reflecting that the company has successfully adapted to the prevailing market conditions. The group secured its revenue at DKK 5.5 billion and achieved a profit before tax of DKK 213 million despite significant non-recurring costs. The company is net debt free with a committed credit facility exceeding DKK 1 billion for future expansion and holds an order book of DKK 2.4 billion. Thus, Ramboll is well prepared to pursue its strategy for growth.
8,758 employees in 20 countries
By the end of 2009 the total number of employees was 8,758 in 20 countries. The group has managed to maintain the order books at a reasonable level despite a very tough market situation. By the end of 2009 Ramboll held orders worth DKK 2.4 billion, mainly due to several significant infrastructure projects secured during the year.
Anticipated growth in 2010
During 2009 the consultancy group experienced positive growth rates within telecommunication, infrastructure, environment and energy. As expected there was a negative development in the building market.
- We are at the bottom of an economic recession and we expect overall positive growth in 2010. Our strategy is to further strengthen our position in our home markets in the Nordic countries, the UK, India and the Middle East where we already hold a strong position. In these markets we will especially focus on the infrastructure, oil and gas, energy, climate and telecommunication areas, says CEO Flemming Bligaard Pedersen.
Among the ten largest technical consultancies in the world
By the end of 2009 Ramboll was net debt free. Moreover, there is a committed credit facility of more than DKK 1 billion available for further expansion.
- We are aiming for the position as one of the ten largest international engineering companies in the world. This requires us to double in size from what we are today. We believe that this strength is needed if we want to be able to set the agenda in our industry and have an even higher impact on the further development of the global society, concludes CEO Flemming Bligaard Pedersen.