Arcadis presents strategy update capitalizing on global trends
(Thomson Reuters ONE) -
Clear choices with focus on people, innovation, and performance, driving
profitable growth
* Global trends like climate change, sustainable industries and expanding
cities create opportunities for Arcadis
* Sharp focus on selection of profitable clients and improvements in project
delivery
* Clear choice for projects, businesses and geographies where we can lead
* Invest in people to build the workforce of the future
* Become a digital frontrunner in the industry
* Organic revenue growth to surpass GDP in Arcadis' markets
* Operating margin trending towards a range of 8.5% to 9.5% in 2020
Amsterdam, 21 November 2017 - Arcadis (EURONEXT: ARCAD), today presents its
strategy 'Creating a Sustainable Future' in which it fully capitalizes on global
trends like climate change, sustainable industries and expanding cities. Arcadis
makes clear choices and will focus where it can lead and invest where it can
win. The company is well positioned to realize revenue growth and operating
margin improvements in the period 2018-2020. Arcadis guidance includes organic
revenue growth to surpass GDP growth in its markets and operating margin
trending to 8.5% to 9.5% in 2020.
The strategy update for the period 2018-2020 will be presented during a Capital
Markets Day in London and contains three strategic pillars.
1. People & Culture
Arcadis is convinced that creating an environment for people to grow, perform
and succeed will be vital to retain and attract the workforce of the future. We
will be the employer of choice through continued investment in our people and by
attracting capabilities for future needs.
2. Innovation & Growth
To capture the opportunities provided by global megatrends, Arcadis will step up
investments in digitization to become a digital frontrunner in our industry. In
addition, we will further leverage our global experience and deep client
relationships to create organic growth.
3. Focus & Performance
Arcadis will focus where it can lead based on relevance for clients, local
markets and global positions and will de-prioritize businesses that fail to meet
our criteria for profitable growth.
Disciplined client and project selection and improved project delivery will be
created through the consistent use of the 'Arcadis Way'. Our competitiveness
will be further improved by expanding the Global Excellence Centers.
CEO STATEMENT
Peter Oosterveer, CEO Arcadis, comments: "Today, we introduce our updated
strategy, which builds on our strong legacy in Water, Infrastructure,
Environment and Buildings and further advances Arcadis towards a highly
innovative industry-leading Design & Consultancy. We are convinced that global
megatrends like urbanization, mobility, sustainability, climate change, and
digitization, provide us with ample opportunities to develop sustainable and
resilient cities, offer smart infrastructural solutions and make industries
future-proof.
I look forward to leading Arcadis into an exciting era. During my first half-
year at Arcadis I have seen many great projects improving quality of live for
people around the world and I have gained tremendous admiration for the
capabilities, knowledge and passion of our people. Through our strategic
initiatives, we will focus where we can lead and invest where we can win.
Improvements resulting from better project selection and delivery, digital
innovation, and expanded use of Global Excellence Centers will create profitable
growth for Arcadis."
Financial Guidance 2018-2020
The update of Arcadis' strategy has subsequently led to a new framework of
targets.
The new financial guidance is:
* Organic revenue growth to surpass GDP growth in our markets
* Operating margin trending to 8.5% - 9.5% of net revenues in 2020 (2016:
7.1%)
* Net working capital as percentage of gross revenues <17.0% (2016: 17.5%) and
DSO (days sales outstanding) < 85 days (2016: 91 days).
* Return on invested capital to exceed 10% (2016: 6.8%)
* Leverage: Net debt/EBITDA approximately between 1.0 and 2.0 (2016: 2.5)
Arcadis will execute the strategy with an efficient and robust capital structure
and has fully embedded risk management in its operations. Arcadis' strategy also
entails that it will review its portfolio of activities regularly. Because
sustainability lies at the heart of Arcadis business it aims to significantly
contribute to the United Nations Sustainable Development Goals.
Stragic review CallisonRTKL
The strategic review process of CallisonRTKL is progressing well and there are
no further updates during the presentations on the Capital Markets Day.
For further information please contact:
Arcadis Investor Relations
Jurgen Pullens
Mobile: +31 6 51599483
E-mail: jurgen.pullens(at)arcadis.com
Arcadis Group Communications
Joost Slooten
Mobile: +31 6 27061880
E-mail: joost.slooten(at)arcadis.com
Webcast
Presentations in London will start at 08:30 am GMT (09:30 am CET). Until
approximately 13:00 pm UK time (14:00 pm CET), the plenary sessions can be
followed via a live webcast. The webcast can be accessed via the investor
relations section on the company's website at www.arcadis.com
About Arcadis
Arcadis is the leading global Design & Consultancy company for natural and built
assets. Applying our deep market sector insights and collective design,
consultancy, engineering, project and management services we work in partnership
with our clients to deliver exceptional and sustainable outcomes throughout the
lifecycle of their natural and built assets. We are 27,000 people, active in
over 70 countries that generate ?3.3 billion in revenues. We support UN-Habitat
with knowledge and expertise to improve the quality of life in rapidly growing
cities around the world. www.arcadis.com.
REGULATED INFORMATION
This press release contains information that qualifies, or may qualify as inside
information within the meaning of Article 7(1) of the EU Market Abuse
Regulation.
FORWARD LOOKING STATEMENTS
Statements included in this press release that are not historical facts
(including any statements concerning investment objectives, other plans and
objectives of management for future operations or economic performance, or
assumptions or forecasts related thereto) are forward looking statements. These
statements are only predictions and are not guarantees. Actual events or the
results of our operations could differ materially from those expressed or
implied in the forward looking statements. Forward looking statements are
typically identified by the use of terms such as "may," "will," "should,"
"expect," "could," "intend," "plan," "anticipate," "estimate," "believe,"
"continue," "predict," "potential" or the negative of such terms and other
comparable terminology. The forward looking statements are based upon our
current expectations, plans, estimates, assumptions and beliefs that involve
numerous risks and uncertainties. Assumptions relating to the foregoing involve
judgments with respect to, among other things, future economic, competitive and
market conditions and future business decisions, all of which are difficult or
impossible to predict accurately and many of which are beyond our control.
Although we believe that the expectations reflected in such forward looking
statements are based on reasonable assumptions, our actual results and
performance could differ materially from those set forth in the forward looking
statements.
Arcadis CMD presentatie :
http://hugin.info/132839/R/2150998/825724.pdf
Arcadis strategy update - CMD press release :
http://hugin.info/132839/R/2150998/825726.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Arcadis N.V. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 21.11.2017 - 07:00 Uhr
Sprache: Deutsch
News-ID 568816
Anzahl Zeichen: 9004
contact information:
Town:
Amsterdam
Kategorie:
Business News
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