Boskalis Posts Record Profit in First Half of Year
HIGHLIGHTS FIRST HALF 2014 – Revenue exceeds EUR 1.5 billion – EBITDA: EUR 466 million – Net profit: EUR 253 million – Order book in excess of EUR 3.1 billion – First application of IFRS11 OUTLOOK – Challenging market conditions – Net profit expected to exceed record 2013 profit (EUR 366 million) Royal Boskalis Westminster N.V. (Boskalis) …
Boskalis Orders Megacutter to Strengthen its Dredging Fleet
Royal Boskalis Westminster N.V. (Boskalis) has ordered a new self-propelled megacutter from IHC Merwede. This self-propelled cutter suction dredger, with a total installed power of 23,700 kW and a pump ashore capacity of 15,600 kW, is a replacement investment. The total investment amounts to around EUR 170 million and construction …
Boskalis and VolkerWessels Establish Offshore Cable Installation Joint Venture
Royal Boskalis Westminster N.V. (Boskalis) and Royal Volker Wessels Stevin N.V. (VolkerWessels) have combined their forces in the field of offshore cable installation by establishing a 50/50 joint venture. The joint venture creates a strong party combining know-how and equipment allowing it to respond effectively to growth in the market …
Boskalis Raises 2013 Net Profit Outlook to at Least EUR 360 million
Royal Boskalis Westminster N.V. (Boskalis) has concluded an exceptionally good third quarter. Revenue, adjusted for the sale of the 40% stake in Archirodon, and earnings were higher than in the first and second quarter of 2013 against stable market conditions. The order book increased compared to the end of the …
Boskalis acquires EUR 130 million port dredging project in St Petersburg, Russia
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by CJSC Baltstroy for the dredging and construction of the Bronka Port shipping channel in St Petersburg, Russian Federation. The total value of the contract amounts to approximately EUR 130 million. The project involves the construction of a 6 kilometer …
Boskalis offers combined refloat and dry dock solution through SMIT and Dockwise
Royal Boskalis Westminster N.V. (Boskalis) announced today that it was recently contracted to assist with the repair and maintenance of a semi-submersible drilling rig in the Mediterranean. Boskalis’ share of the project has been successfully completed. Boskalis subsidiary Dockwise was contracted to provide an innovative form of dry docking as …
Dockwise Ltd: Completes Acquisition Dockwise
Reference is made to the press release of 20 March 2013, whereby it was announced that Boskalis Holding B.V. (the Offeror), a wholly-owned subsidiary of Royal Boskalis Westminster N.V. (Boskalis), had initiated a compulsory acquisition of shares under Section 103 of the Bermuda Companies Act to acquire all remaining shares …
Dockwise applies for delisting from Euronext
Reference is made to the Offer Document and the press release of 8 February 2013 in which Boskalis Holding B.V., a wholly-owned subsidiary of Boskalis, launched a mandatory cash offer for all issued and outstanding ordinary shares of Dockwise at an offer price of EUR 18.50/ NOK 137.65 per Share …
Dockwise Supports Combination with Boskalis and Recommends Boskalis Offer to Shareholders
The Board of Directors of Dockwise has unanimously resolved to support the combination of Dockwise and Boskalis and to recommend the mandatory cash offer by Boskalis of EUR 18.50 / NOK 137.65 per share cum dividend for all of the issued and outstanding common shares in the capital of Dockwise. …
Boskalis Launches Mandatory Offer for Dockwise
With reference to the press release of 30 January 2013, in which Boskalis announced its decision to make a mandatory public offer for Dockwise, Boskalis hereby announces the availability of the Offer Document in connection with the mandatory offer for all the issued and outstanding ordinary shares of Dockwise (the …