BAM reports positive pre-tax result for first 9 months 2014, confirms full-year outlook

• Construction and M&E services: continued weak results related to Dutch activities
• Civil engineering: result impacted by the two loss making projects reported at Q2
• Property: good result driven by commercial property sales
• PPP: strong result supported by transfer six projects into PGGM joint venture, healthy pipeline
• Restructuring costs of €10.6 million year to date
• Back in Shape programme making good progress

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