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Grontmij focuses on cost control during 2010

Lower revenue & profit in 2009 as restructuring & weakened currencies add to woes

11-Mar-10  Grontmij has published financial results for 2009 that show falls in revenue, operating profit, post-tax profit and operating margin. Despite the downward trajectory of the headline figures, Grontmij argues that realignment of its business, improvements in its cost base, and better cash management combine to “create a platform for long term growth”. Unlike many of its competitors, Grontmij addresses openly the issue of payment of...