Background
In recent years, Grontmij has almost doubled in size. In 2004, we were a local engineering and project development company with total revenue of € 470 million and 3,600 employees, primarily in the Netherlands (90%), Belgium and Germany. After a strategic choice to divest approximately € 150 million of non-core assets (project development) and to invest in design, engineering and management consultancy. Grontmij is now an international design, engineering and management consultancy with total revenue of approximately € 922 million and 11,000 employees working with almost 300 offices across the region and a further 50 offices globally.

Strategy 2010 - 2015
In 2010, we implemented the next logical strategic step in our ongoing development. This strategy is grounded in the sustainability by design principle that customers perceive as an essential proposition. The 2010-2015 strategy focuses on increased profitability, organic revenue growth and further expansion by acquisition. It is based on the restructuring of the organisation into four distinct business lines: Planning & Design, Transportation & Mobility, Water & Energy and Monitoring & Testing. Key components are stimulating more knowledge sharing throughout the Group so that we can leverage that expertise to reinforce our position in our local markets. We are also increasingly targeting large cross-border assignments so that we can further broaden multi-disciplinary experience.

Financial goals to 2015
We have set ambitious long-term goals that translate into clear financial objectives:

• EBITA margin on total revenues 9 - 10% (2015)
• Total revenue growth (average per year including acquisitions) 10 - 15%
• Solvency 25 - 30%
• Interest cover (EBIT/Interest) >5

For more information on the strategy report see under Downloads under the right hand side or p. 24 of the Annual Report 2010.