BAM reports solid start of 2026
First quarter 2026 trading update
Outlook for 2026 reiterated, BAM expects to deliver further growth in revenue and adjusted EBITDA
- Revenue and adjusted EBITDA increased compared to Q1 2025
- Acquisition of Gebroeders Blokland completed, strengthening the total Dutch residential development pipeline to circa 30,000 homes
- Solvency further improved and robust cash position
- Order book maintained at a high level of €13.0 billion (end of year 2025: €13.0 billion), with continued focus on quality above volume including key project wins in energy transition and defence
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Ruud Joosten, CEO
Ruud Joosten, CEO of Royal BAM Group:
‘In the first quarter of 2026 our revenue and adjusted EBITDA further increased, leading to a solid start to the year. Both divisions and Belgium contributed to the higher adjusted EBITDA. Construction UK’s contribution continued to improve, supported by strong execution and a disciplined tendering approach. We continue to make progress with our strategy ‘Focus, Transform, and Expand’.’
