News

Last year was again one of the most challenging our industry has faced. The year showed a net loss of €3.0 million (compared to €7.6 million net profit in 2010). The operating income decreased from €335 million in 2010 to €312 million in 2011.

The actions we took last year to prepare our organisation for change have enabled us to arrive at a destination point that is ready to move on to the next stage. We could not have achieved this without the hard work and commitment shown by our staff. The Board of Managment is extremely grateful for the dedication they demonstrated during a difficult year.

While these results are in line with our expectations, the decisions we took during 2011 herald growth and prosperity for our company going forward. On 27 February 2012, we announced our intention to merge with Dutch engineering and consultancy firm DHV.

The new company will have a combined turnover in excess of € 700 million and will be one of Europe’s leading independent project management, engineering and consultancy service providers. Ranking globally in the top 10 of independently owned, non-quoted companies and top 40 overall, our new organisation will have 8,000 staff and provide services from more than 100 offices in over 35 countries.

The Board and I are extremely proud to be part of this new era for Royal Haskoning and we are delighted that our staff, clients and partners are as excited about the intended merger as we are. We are dependent upon their ongoing commitment to the success of our new organisation and look forward to working alongside them as we embark on this bright new chapter in our long and successful history.

Erik Oostwegel
Chairman Board of Management