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4-Traders Homepage  >  Equities  >  Euronext Amsterdam  >  Arcadis    ARCAD   NL0006237562


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05/16/2012 | 07:35am CEST

ARCADIS (EURONEXT: ARCAD), the international consultancy, design, engineering and management services company, today announced that it will advise more than 150 European cities on how to deal with the impact of climate change. This will include the development and application of tailor-made climate adaptation strategies on behalf of the European Union. In this project ARCADIS cooperates with British consultancy AEA, ICLEI (International Council for Local Environmental Initiatives), the University of Manchester, the German firm Adelphi and the consultants of Alexander Ballard. Financial details were not disclosed.

Anticipating on climate change, especially in this time of economic crisis, is increasingly seen as a base requirement for stability and prosperity in the European Union. Especially cities are vulnerable for climate change.

ARCADIS advises a network of more than 150 cities, 21 of which through intensive coaching, about measures and appropriate strategies to prepare for changes in the climate. How do cities anticipate on how to deal with extremes like flooding, droughts and heat? How do cities in these times of economic crisis deal with investments in large infrastructure developments? Is there a fitting evacuation policy? But also raising awareness in Europe has to become part of the strategic policy at city level.

The project will also gather available know-how on climate change for the Directorate General Climate Action (DG Climate) of the European Union. Experience is exchanged and instruments are developed to design adaptation strategies. In this project the European Union will further develop the insights to develop an EU adaptation strategy. With this project, ARCADIS is further developing its European climate ambitions.

For additional project information: http://eucities-adapt.eu/cms/

For more information, please contact:
ARCADIS: Joost Slooten at +31 (0) 20 2011083, mobile +31 (0) 6 27061880 or joost.slooten@arcadis.com:

ARCADIS is an international company providing consultancy, design, engineering and management services in infrastructure, water, environment and buildings. We enhance mobility, sustainability and quality of life by creating balance in the built and natural environment. ARCADIS develops, designs, implements, maintains and operates projects for companies and governments. With 21,000 people and €2.4 billion in revenues, the company has an extensive international network supported by strong local market positions. ARCADIS supports UN-HABITAT with knowledge and expertise to improve the quality of life in rapidly growing cities around the world. Please visit: www.arcadis.com  

Click here for pdf version of release:

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Arcadis N.V. via Thomson Reuters ONE

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Financials (€)
Sales 2016 3 306 M
EBIT 2016 151 M
Net income 2016 89,4 M
Debt 2016 442 M
Yield 2016 4,17%
P/E ratio 2016 13,48
P/E ratio 2017 12,24
EV / Sales 2016 0,48x
EV / Sales 2017 0,45x
Capitalization 1 143 M
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Mean consensus HOLD
Number of Analysts 7
Average target price 13,9 €
Spread / Average Target 4,8%
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Neil C. McArthur Chief Executive Officer
Nicolaas Willem Hoek Chairman-Supervisory Board
Renier Vree Chief Financial Officer
Gerard Spans Chief Information Officer
George R. Nethercutt Vice Chairman-Supervisory Board
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