Media Centre
4 Aug 2010 |
Press release - Grontmij update - Further reductions in indirect cost base leads to non recurring restructuring costs
Further to the € 1 m of non recurring restructuring costs incurred in the first quarter of 2010, management is taking additional measures to reduce the indirect cost base in the business and expects non recurring restructuring costs at the half year of approximately € 4 m year to date.
Half year figures will be published August 19, 2010.
<ENDS>Notes to editors
Grontmij is a leading sustainable design, engineering and management consultancy active in the growth markets of water, energy, transportation and sustainable planning and design. At the core of our business is the principle of sustainability by design that is a leading value proposition for our customers. Grontmij is the fourth largest engineering consultancy in Europe with almost 300 offices across the region and a further 50 offices globally. We employ over 11,000 professionals around the world.
Our value chain of services stretches from major renewable water and energy infrastruc-ture through designing efficient and environmentally-sensitive mobility and transportation networks to shaping our urban and green living spaces.
Whilst we are approaching our 100th anniversary, and benefit from the experience nearly a century provides, we prefer to look to the future to enhance the world we live in. By applying sustainability considerations to all our design, consultancy and management services right across the value chain, our highly-skilled, expert people are able to create lasting solutions that plan for, connect and respect the future.
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