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BOKA Royl.Boskalis

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Share Name Share Symbol Market Type Share ISIN Share Description
Royl.Boskalis LSE:BOKA London Ordinary Share NL0000852580 EUR 0.8
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Boskalis receives EUR 100 million tentative contract award for RijnlandRoute sub-project

05/04/2019 1:33pm

GlobeNewswire


Papendrecht, 5 April 2019

The Province of South Holland has announced the intended contract award to Royal Boskalis Westminster N.V. (Boskalis) for a sub-project of the so-called RijnlandRoute. The total value of the contract is more than EUR 100 million. The final contract award is expected to take place at the end of April.

The RijnlandRoute is a new East-West road connection from Katwijk to the A4 motorway near Leiden in the Netherlands. The road addresses the current traffic congestion in the region. In the context of the RijnlandRoute, Boskalis will widen an existing road, construct a submerged section over a length of nearly two kilometers, construct two grade-separated crossings and construct and replace various bridges. Furthermore, Boskalis will also be responsible for the 10-year maintenance of the road.

Boskalis will apply a large number of its own specialisms in the execution of the project, including civil concrete construction, dry earthmoving and Boskalis subsidiary Cofra will carry out soil improvement work. The activities will commence mid-2019 and are expected to be completed by mid-2022.

For further information

Investor relations:
Martijn L.D. Schuttevâer
ir@boskalis.com

Press:
Arno Schikker
press@boskalis.com

T +31 78 6969310

This is an English translation of the Dutch press release. In the event of any disparity between the Dutch original and this translation, the Dutch text will prevail.

Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world. With core activities such as coastal defense, riverbank protection and land reclamation Boskalis is able to provide adaptive and mitigating solutions to combat the effects of climate change, such as extreme weather conditions and rising sea levels, as well as delivering solutions for the increasing need for space in coastal and delta regions across the world. The company facilitates the development of offshore energy infrastructure, including renewable wind energy. Boskalis is furthermore active in the construction and maintenance of ports, waterways, access channels and civil infrastructure, thus helping to facilitate trade flows and regional socio-economic development. In addition, Boskalis is a global marine salvage expert and has a number of strategic partnerships in harbor towage and terminal services (Kotug Smit Towage, Keppel Smit Towage, Saam Smit Towage and Smit Lamnalco). With a versatile fleet of more than 900 vessels and floating equipment and 11,300 employees, including associates, Boskalis is creating new horizons around the world.

This press release can also be found on our website www.boskalis.com.

PDF version of press release



This announcement is distributed by West Corporation on behalf of West Corporation clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Koninklijke Boskalis Westminster N.V. via Globenewswire

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