Koninklijke VolkerWessels N.V. reported unaudited consolidated earnings results for the six months ended June 30, 2018. For the period, the company reported revenue of EUR 2,769 million against EUR 2,668 million a year ago. Operating result was EUR 19 million against EUR 61 million a year ago. Result before tax was EUR 19 million against EUR 62 million a year ago. Result from continuing operations was EUR 16 million against EUR 49 million a year ago. Net result for the financial period attributable to shareholders of the company was EUR 16 million against EUR 36 million a year ago. Diluted earnings per share was EUR 0.20 against EUR 0.45 a year ago. Diluted earnings from continuing operations per share was EUR 0.20 against EUR 0.44 a year ago. Net cash used in operating activities was EUR 176 million against EUR 181 million a year ago. Investment in property, plant and equipment was EUR 31 million against EUR 35 million a year ago. Investment in intangible assets was EUR 8 million against EUR 8 a year ago. EBITDA was EUR 61 million against EUR 90 million a year ago. Revenues increased in all segments principally driven by overall higher volumes due to improved market conditions.

The company expects 2018 EBITDA result to be at the same level or slightly better than 2017.