Even though 2020 was a challenging year, Van Oord managed to achieve a higher revenue, strong operational results, a relatively stable EBITDA, and a very strong cash performance.
According to the release, with the excellent work of its people, Van Oord have realised a solid financial performance. The company recorded EUR 1,677 million in revenue (2019: EUR 1,644 million) and despite the impact of restructuring costs and incidentals, EBITDA remained relatively stable EUR 226 million (2019: EUR 254 million).
