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Grontmij grows during Q1 2009 thanks to regulated industries

Dutch-owned multidiscipline consultancy Grontmij has announced modest organic growth of 3% for the first quarter of 2009, thanks to continued demand from public sector and highly-regulated industries

21-May-09  Grontmij's group-wide revenue for the period was €208.5 million, compared to €195.9 million during the first quarter of 2008. Its operating margin (EBITA) was 7.5%, slightly higher than last year's first quarter of 7.2%. However, post-tax profits were down, thanks to tax and currency impacts, at €8.9 million compared to €9.3 million in the first quarter of 2008. Central to Grontmij's modest growth during the first months of...