Annual Report 2015

For Ramboll, 2015 was a year of good progress on the strategic development of the company, while the downturn in the oil sector and a small number of major project write-downs reduced our profitability. However, Ramboll has improved the underlying profitability and shown strong growth and cash flow.

Contact

Marianne Sørensen

Marianne Sørensen

Group Chief Financial Officer
T: +45 5161 1000
Jens-Peter Saul

Jens-Peter Saul

Group Chief Executive Officer
T: +45 5161 1000

A strong platform for future growth

The year began with our biggest acquisition so far. More than 1,500 ENVIRON colleagues with globally recognised competences in the environment, health and water sectors joined the company. Through this strategic move, Ramboll has expanded its global reach, particularly in the target region of North America, where we now have over 1,000 employees.

The integration was a leap forward towards Ramboll’s strategic ambition of becoming a leader in the Environmental sector and building a platform for future international growth based on a significant North American presence.

With close to 2,900 experts now working in newly established Global Practices for Environment & Health and Water, Ramboll has become a top ten environmental consultancy with a global brand and a strong player in the water market.

The establishment of two new Global Practices was followed by the formation of a new Market in Ramboll for Planning & Urban Design. These important developments have made Ramboll’s position as sustainable society consultant even stronger.

Our holistic approach to problem solving and our multidisciplinary offering position us very well to help clients and societies around the world develop successfully and sustainably.

Financial development

Revenue increased by 24.5% measured in local currencies, and by 27.7% in Danish kroner from DKK 8,292 million in 2014 to DKK 10,589 million.

Net growth from acquisitions and divestments was 23.1%, of which the acquisition of ENVIRON accounted for 21.1%.

Organic growth was 1.5%, as all Principal Business Units with the exception of Management Consulting and particularly Oil & Gas grew organically in 2015. Excluding the Oil & Gas business unit, organic growth was 4.5%. In addition, extraordinary write-downs on four buildings projects had an adverse impact on organic growth of 1%.

The movements in the reporting currency Danish kroner against foreign currencies affected the revenue positively by 3.1%, due to strengthened GBP and USD related currencies, which were only partly offset by weakened NOK and SEK.

Operating profit before goodwill amortisation (EBITA) was DKK 475 million compared to DKK 413 million in 2014, giving an EBITA margin of 4.5%, which was 0.5% lower than in 2014.

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Annual Report 2015

Read or download the Annual Report 2015 (Issuu web reader)

Annual Report 2015 as PDF (16 MB)

Corporate Responsibility Report 2015

Read or download the Corporate Responsibility Report 2015 (Issuu web reader)

Corporate Responsibility Report 2015 as PDF (8 MB)

Press release: Ramboll grows 28% despite difficult market conditions

Read the press release of Ramboll's 2015 annual results here


Major project wins and focus areas

Helsinki Central Library

The new Helsinki Central Library is one of the most demanding construction engineering projects in Finland. The building will be an eco-efficient masterpiece of structures made of steel, wood and glass.

Bridgeport

District heating system turns Bridgeport into model city for green energy

The implementation of a low-temperature heating and cooling system in Bridgeport, Connecticut, USA, has made the formerly languishing city a frontrunner in clean and efficient energy production.

Myllypuro campus for Metropolia University of Applied Sciences

Ramboll is acting as a construction consultant for a new campus for Metropolia University of Applied Sciences in Myllypuro, Helsinki.

Dalston Works completed

Dalston Works

Dalston Works is the largest Cross Laminated Timber project globally. Weighing just one fifth of a comparable concrete structure, it accommodates 10 storeys above a planned Crossrail route.

Vanke Pavilion, Ramboll. Image: Paul Raftery

Vanke Pavilion

Using our unwavering passion for design, the Vanke Pavilion façade that comprised hundreds of ceramic tiles to create this uniquely shaped building, was engineered using advanced coding techniques to deliver simplified construction of a complex structure.

Hammersmith Flyover strenghtening system April 2016. Ramboll

Hammersmith Flyover - Phase 2 refurbishment and strengthening (HFO2)

Phase 2 strengthening of the Hammersmith Flyover (HFO2), was a phenomenally complex £100m programme including innovative engineering solutions to install a full new prestress without removing the original. With 70,000 users every day on a key strategic route into London, the structure, which had been deteriorating due to significant corrosion, presented many technical, logistical, programme and political challenges.

Visualisation of blue-green environment in dense future city. Photo: EG Architects

Gullbergsvass and Gothenburg’s new RiverCity

Gullbergsvass is one of seven neighbourhoods in central Gothenburg’s port area to be transformed into the attractive new ‘RiverCity’. Ramboll performed a feasibility study for the 90 hectare district as a basis for stakeholder dialogue on the development. RiverCity promises to position Gothenburg as one of the top five cities in Europe for growth potential.

Ramboll. Tate Modern extension. Image: Daniel Shearing

Tate Modern

Officially opened on the 17th June 2016 the new Tate Modern extension is an iconic world-class addition to London’s skyline. The ground breaking Tate Modern extension pushes the boundaries of modern design and engineering. From its one-of-a-kind geometric structure to its striking brick façade, every facet of this building has been planned and engineered with staggering accuracy.

The Skellefte River in Sweden

New treatment plant in Skellefteå, Sweden

Ramboll is the lead consultant on a comprehensive project on establishing of a new treatment plant in the city of Skellefteå which ensures high-quality drinking water to all inhabitants.

Hong Kong

Shatin to Central Link

The North South Line Cross Harbour Tunnel is a 1.7 km immersed tunnel crossing the Victoria harbour in Hong Kong. Ramboll undertakes the role to be the Independent Geotechnical Expert Advice (the ‘expert Reviewer’) for the Immersed tunnel.

Culzean field

Three jacket designs for the Culzean ultra-HP/HT field

The Culzean field was discovered in 2008 and is one of the largest fields in the British North Sea. Ramboll is providing detailed design of three jacket structures for the field, which has the potential to meet around 5 per cent of the UK’s gas demand in 2020/21.

Makkah, Saudi Arabia

Makkah District Cooling

A new mega district cooling project will make future pilgrimage to the sacred city of Makkah more comfortable for the many pilgrims who visit the Saudi Arabian city each year.

Port of Fujairah

Fujairah 2040 Master Plan - Port Review

Ramboll is preparing a Master Plan for the Emirate of Fujairah (UAE). The Port of Fujairah includes one of the world’s largest oil terminals, and is the second largest bunkering port in the world. The port also contains a dry bulk terminal for export of aggregates and armour rock from the many quarries in the Emirate, a Marine services terminal, a container terminal and general cargo terminal.

Biomass conversion & lifetime extension of Avedøre Unit 1

In 2016, DONG Energy’s Avedøre Power Plant Unit 1 will deliver green heat and power to the citizens of Copenhagen. Besides a bio-conversion the project also comprises a lifetime extension which is planned for 2018. Ramboll advises on the project that constitutes a major and highly efficient biomass conversion scheme.

Light rail

Light rail as enabler for urban development

The future light rail connection along the ring road ‘Ring 3’ just west of Copenhagen not only promotes a more coherent city infrastructure. It also has the potential to become a powerful enabler for urban growth and development.

Urban resilience study for Asian Development Bank

The Asia Pacific region is a major contributor to greenhouse gas emissions worldwide, and at the same time the region is increasingly exposed to the risks of climate change. Hence, substantial investments are needed in order to reduce carbon emissions and enhance resilience in the region's largest urban areas.

Improving accommodation at Danish construction sites

The Danish Working Environment Authority wanted to secure better accommodation for workers in the construction industry in Denmark. Ramboll identified potential solutions by conducting interviews with experts and by reviewing current laws and regulations.

Ramboll has been appointed by PORR, Saudi Binladin and HBK JV for the the provision of Design Verification Engineer (DVE) services for the design of Green Line Underground.

Doha Metro Green Line Underground

As part of an ambitious plan to develop a railway based public transport in Doha, Qatar Railways Rail has appointed a Joint Venture comprising PORR, the Saudi Binladin Group and HBK Contracting for the design and construction of Green Line Underground.

Creating opportunities – labour market integration enables social participation for mothers with a migration background

In Germany, just under a million mothers with a migration background are unemployed – approximately half of all migrant mothers living in Germany with children under the age of 18. Yet, around 370,000 of them are interested in taking up employment in the near future. The Federal Ministry for Family Affairs, Senior Citizens, Women and Youth (BMFSFJ) has initiated the program “Starting Careers – Mothers with migration background enter the labour market” to support not only the labour market integration but also the social and societal integration.

Ramboll Group A/S

Ramboll Group A/S
Hannemanns Allé 53
DK-2300 Copenhagen S
Denmark
Tel: +45 5161 1000
Fax +45 5161 1001

Mail: info@ramboll.com

Danish CVR numbers

Danish CVR numbers

Ramboll Group
10160669

Rambøll Danmark
35128417

Ramboll Energy
35128417

Rambøll Management Consulting
60997918

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