BAM reports adjusted pre-tax result of €93.6 million, reiterates full year outlook

• Adjusted pre-tax result margin of 1.9% including sea lock IJmuiden cost overrun reported in Q2
• Strong results at Construction and Property and PPP; Civil engineering break-even
• Non-cash impairment of €23 million on Dutch regional property positions
• Order book quality continued to improve due to focus on selective tendering
• Full focus on reversing the recent trend of trade working capital efficiency

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