BAM shrugs off Brexit fears…Posted August 19, 2016
Construction group BAM has reported a good performance in the first half of 2016 with no signs of slowing down since the EU referendum.
CEO Rob Van Wingerden said that none of the their three operating businesses, which include civils, building and PFI investments had seen any cancellation of orders or any slowdown in new contracts coming in. They have thoroughly assessed the implications of Brexit and see no effects in the short term. He also went on to say:
“Our UK order book is solid and we will maintain our tender discipline. We are monitoring new order intake closely and will adjust our operations if required”