Ballast Nedam again delays presentation of its 2014 results

WADDINXVEEN-BALLAST NEDAM-LOGOConstruction and civil engineering group Ballast Nedam has again delayed publication of its 2014 annual results, which should have taken place on Friday.

In a short statement, the company said: ‘Discussions on Ballast Nedam’s financing arrangements are taking longer than expected.’ The company ‘expects to be able to provide clarity’ on its financing arrangements in the short term, when the full results will be published.

Ballast Nedam originally scheduled publication for March 27 but this was delayed on March 18, when the company also lowered its 2014 forecast. This would ‘materially decrease’ compared with the earlier reported expected operating loss of up to €45m, the company said.

 

Thank you for donating to DutchNews.nl.

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation