Ramboll grows revenue by 30% in first half of 2015

23 September 2015 Consultancy.uk 1 min. read
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The first half year of 2015 has been a strong period for Ramboll, which saw its gross revenue jump to DKK 5,391 million, an increase of 30% over the same period in 2014. In addition, the firm also saw its headcount grow to 12,800 employees globally. According to the firm, the growth is primarily due to the acquisition of Environ.

Financial highlights
H1 2015 has been a good half year for engineering, design and management consulting firm Ramboll. The firm saw its revenue reach DKK 5,391 million, which is 30% more than the revenue booked in H1 2014 (DKK 4,156 million). The firm’s operating profit before amortisation (EBITA) was also higher, at DKK 188 million compared to DKK 170 million. “Ramboll delivered growth in line with our expectations despite a challenging oil & gas market. We have achieved solid results in Finland, Sweden and Denmark, while the result in the UK has been adversely affected by write-downs on a large project in the Middle East,” comments Jens-Peter Saul, CEO of the Ramboll Group.

Jens Peter Saul, Ramboll

According to Ramboll, the acquisition of environmental consultancy Environ has had a positive influence on its revenue growth as the combined business secured some notable project wins, including the performance of strategic analyses to assist a United States Utility provider. Ramboll’s headcount increased by 19% to 12,841 employees globally, of which 1.3% was organic – around 1,500 environmental and health science specialists in 21 countries joined from Environ.

“We are beginning to see the advantages of the strengthened global platform and combined skills and clients, which puts us in a unique position to continue working on the most challenging environmental and human health problems the world is facing,” concludes Saul.