Royal Bam forecasts improved margins in Q1 trading update
Royal Bam Group, parent company of UK contractors Bam Construct and Bam Nuttall, has reported what it called “strong operational performance” in a first-quarter trading update. It revealed adjusted EBITDA earnings of €97.3m (£82.8m) in Q1 2022, before one-off charges, including restructuring costs, on revenue of €1.55bn (£1.32bn). These results…