Van Oord: profit 2006 more than doubled

Over 2006 Van Oord realised a turnover of EUR 1,516 million (2005: EUR 1,002 million). The net profit of EUR 89 million was more than double that of 2005 (EUR 42 million). The company has been able to benefit considerably from the favourable market circumstances. In addition, the human resources and equipment had an almost 100% occupancy rate and the profitability of many of the projects was also up. At year end 2006 the order portfolio amounted to EUR 4,089 million (2005: EUR 3,564 million), of which EUR 1,250 million is work to be executed in 2007.