Bam’s UK businesses see profit surges
Profit at Royal Bam’s two UK operations more than doubled in 2021. The adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for Bam Construct jumped from €4.3m (£3.6m) to €30.9m (£25.8m). Its Netherlands-based parent company cited increased work levels and a favourable claim settlement for boosting its returns. Revenue…