BAM confirms outlook full year 2015

• Back in Shape on track; delivering savings and working capital improvements
• Construction and M&E services: ongoing pressure in Dutch non-residential
• Civil engineering: positive result mainly driven by BAM International, the Netherlands and Ireland
• Property: Dutch residential market follows twin track; Dutch non-residential market remains weak
• PPP: solid performance and healthy bid pipeline
• Order book: growth from new order intake and stronger pound; quality improving
• Net cash position: strong year on year improvement driven by Back in Shape

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