Q3 2021 Koninklijke BAM Groep NV Corporate Sales Call Transcript
Ladies and gentlemen, thank you for holding and welcome to the Royal BAM Group event call. (Operator Instructions) I would like to hand over the conference to Mr. Ruud Joosten, CEO, Royal BAM Group. Go ahead, please, sir.
Good morning, and welcome to this analyst call for Royal BAM Group. I'm Ruud Joosten, CEO. With me are Frans den Houter our CFO; and Michel Aupers, our Investor Relations Manager. I will comment on the key points of the trading update we published this morning, and then we will take your questions.
Looking at our financial performance in the first 9 months, our revenue of EUR 5.36 billion, was above the pre-COVID level we reported in 2019. Adjusted EBITDA for the 9 months was EUR 222.3 million, a strong recovery from last year when we were impacted severely by COVID. This results in an adjusted EBITDA margin of 4.2%. For the third quarter, the adjusted EBITDA was EUR 66 million at a margin of 3.8%. In all our markets, we are seeing strong increase in
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