With the changes, Ballast Nedam's profile is changing faster from a major player on the bleak traditional markets to a prominent player on the integrated projects market and several niche markets that have growth prospects, such as offshore wind turbines, industrial construction, secondary raw materials and alternative fuels.Theo Bruijninckx, Ballast Nedam's CEO, comments: 'Our strategic choice in 2012 was to move where possible from the persistently poor, and strongly capacity-driven, markets. We are continuing to focus on the markets in which Ballast Nedam is able to add value in a distinctive way. These are integrated projects, the niche markets with growth prospects, such as offshore wind turbines, and the promising modular building concept. We are accelerating the change in the company's profile accordingly. With this strategic focus, less exposure to loss-making markets and the well-filled order book, we are looking forward to an operating profit for 2013 of approximately € 15 million'.
Infrastructure x EUR 1 million 2012 2011 Revenue 496 523 EBIT 10 14 Margin 2.1% 2.7% Order book 900 1 152 Assets 214 228