Arcadis NV

Latest Results (25.12.2024):

Revenue Growth

In the second quarter of 2024, Arcadis NV reported net revenues of €991 million, reflecting a solid organic growth of 6.0%. This growth was driven by strong demand across all Global Business Areas, particularly in the US and Europe, with significant contributions from Energy Transition, Water, Technology, and Mobility solutions.

Operating Margin Improvement

Arcadis NV achieved an improved operating EBITA margin of 11.5% in Q2 2024, up from 9.7% in the same quarter of the previous year. This improvement was attributed to operating leverage, an enhanced project portfolio, and cost synergies realized from the successful integration of IBI and DPS.

Order Intake and Backlog

The company recorded a strong order intake of €1.1 billion in the second quarter of 2024, resulting in an organic backlog growth of 5.6% year-on-year. This robust order intake underscores the growing client demand and the effectiveness of Arcadis NV's strategic initiatives in capturing new business opportunities.

Half-Year Financial Performance

For the first half of 2024, Arcadis NV reported net revenues of €1,959 million, marking an organic growth of 5.2%. The operating EBITA margin for the half-year period increased to 11.1%, compared to 9.7% in the first half of 2023, reflecting the company's focus on operational efficiency and strategic growth areas.

Net Income and Cash Flow

Arcadis NV's net income from operations increased by 23% to €126 million in the first half of 2024, translating to earnings of €1.40 per share. The company also reported a positive free cash flow of €8 million in Q2 2024, a significant improvement from the negative €26 million recorded in the same period of the previous year.