Subscribe to RSS feedBoskalis warns of tough year ahead as profit falls
by
Gavin van Marle, London
—
last modified
Mar 29, 2010 02:27 PM
DUTCH dredger Royal Boskalis has warned shareholders to expect a difficult year after reporting declining profit levels for 2009.
Despite reporting record €2.2bn (US$3bn) revenues for the year, net profit fell to €227.9m, compared to €249.1m in 2008.
However, chief executive Peter Berdowski described the result in positive terms.
“[Last year] was an excellent year for Boskalis despite the...
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