Press release

5 November 2008

Based on developments so far in 2008, the Board of Management of the dredging company Royal Boskalis Westminster nv expects a 15% increase in the net profit for the full year, excluding the non-recurring income as a result of the settlement of the insurance claim for the W.D. Fairway. The reported net profit in 2007 was € 204.4 million. When the half-year results were announced in August, the board stated that net profit was expected to increase by between 10 and 15%.

The order book of approximately € 3.5 billion continues to be stable and well filled.

Financial agenda 2009  
March 18 Publication of annual results 2008
Mid April Publication Annual Report 2008
May 14 Annual General Meeting of Shareholders
August 20 Publication of half-year results 2009

 

Royal Boskalis Westminster nv is an international group with a leading position in the world market for dredging services. Its core activities are the construction and maintenance of ports and waterways, land reclamation, coastal defense and riverbank protection. The company holds important home market positions in and outside of Europe and targets all market segments in the dredging industry. It also has positions in strategic partnerships in the Middle East (Archirodon) and in offshore services (Lamnalco). Boskalis has a versatile fleet of over 300 units and operates in over 50 countries across five continents. Including its share in partnerships, Boskalis has approximately 8,000 employees.

For further information please contact:

Martijn Schuttevâer
Director of Investor Relations & Corporate Communications
Telephone: +31 78 69 69 822 / +31 62 00 10 232
Fax: +31 78 69 69 020
E-mail: m.l.schuttevaer@boskalis.nl

 

This press release can also be found on our website www.boskalis.com.

 

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