Royal Boskalis Westminster NV reported earnings results for the first half ended June 30, 2016. For the period, the company reported revenue of EUR 1,171.3 million compared to EUR 1,570.3 million a year ago. EBITDA was EUR 317.6 million compared to EUR 500.1 million a year ago. Operating result (EBIT) was EUR 182.4 million compared to EUR 359.3 million a year ago. Net profit was EUR 147.5 million compared to EUR 306.5 million a year ago. Earnings per share were EUR 1.17 compared to EUR 2.50 a year ago.

The company expects operating net profit in the second half of 2016 to approach the level achieved in the first half of the year.

Capital expenditure is expected to be approximately EUR 200 million in 2016, excluding acquisitions.