Danish engineering consultancy Ramboll said a “solid” half-year result that returned revenues of DKR5.4 billion – marginally up from Dkr5.3 billion in the same period in 2015 – was partly down to its success in renewables.
Pre-tax profit rose to Dkr142m compared to Dkr82m for the first six months while operating profit before amortisation (EBITA) was DkrR91m higher at Dkr279m.
The company highlighted contract wins in renewables including a €4m contract to design foundations and a substation for the 400MW Binhai North 2 offshore wind farm in China.
It also won an engineering consultancy services to the 390MW Lynemouth Power Station coal-to-biomass conversion project in north-eastern England.
Chief executive Jens-Peter Saul said over the last 12 months the company has delievered its highest ever operating profit.
“The continued difficult oil & gas market and the yet unknown consequences of Brexit give rise to uncertainties and challenges in the future that we are determined to overcome,” he said.
“However, with a strong client focus we expect continued growth in the second half of 2016 and a healthy result for the full year.”
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