OverviewSuggest Edit

Royal Boskalis Westminster is a global services provider operating in the dredging, maritime infrastructure, and maritime services sectors. It provides construction and maintenance of ports and waterways, land reclamation, coastal defense, and riverbank protection. In addition, the company offers a variety of marine services and contracting for the oil and gas sector and offshore wind industry as well as salvage solutions.

TypePublic
Founded1910
HQPapendrecht, NL
Websiteboskalis.com

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Latest Updates

Employees (est.) (Dec 2019)9,604(-15%)
Job Openings13
Revenue (FY, 2019)€2.7 B(+7%)
Share Price (May 2021)€28(+5%)
Cybersecurity ratingCMore

Key People/Management at Royal Boskalis Westminster

Peter Berdowski

Peter Berdowski

Chairman of the Board of Management
Carlo van Noort

Carlo van Noort

Member of the Board of Management & Chief Financial Officer
B.H. Heijermans

B.H. Heijermans

Member of the Board of Management
J. van der Veer

J. van der Veer

Chairman of the Supervisory Board
J.P. de Kreij

J.P. de Kreij

Deputy Chairman of the Supervisory Board
D.A. Sperling

D.A. Sperling

Member of the Supervisory Board
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Royal Boskalis Westminster Office Locations

Royal Boskalis Westminster has offices in Papendrecht, Capelle aan den IJssel, Nieuw-Vennep, Houston and in 44 other locations
Papendrecht, NL (HQ)
20 Rosmolenweg
Capelle aan den IJssel, NL
Nijverheidstraat 68
Nieuw-Vennep, NL
Pondweg 1
Buenos Aires, AR
piso 5, Reconquista 559
Hornsby, AU
4/143 Peats Ferry Rd
West Perth, AU
Level 1, Suite 3/9 Havelock St
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Royal Boskalis Westminster Financials and Metrics

Royal Boskalis Westminster Revenue

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Royal Boskalis Westminster's revenue was reported to be €2.74 b in FY, 2019 which is a 6.3% increase from the previous period.
EUR

Revenue (FY, 2019)

2.7b

Revenue growth (FY, 2018 - FY, 2019), %

6.3%

Gross profit (FY, 2019)

350.7m

Gross profit margin (FY, 2019), %

12.8%

Net income (FY, 2019)

74.9m

EBITDA (FY, 2019)

375.8m

EBIT (FY, 2019)

110.7m

Market capitalization (7-May-2021)

3.6b

Closing stock price (7-May-2021)

28.0

Cash (31-Dec-2019)

399.6m

EV

3.7b
Royal Boskalis Westminster's current market capitalization is €3.6 b.
Annual
EURFY, 2017FY, 2018FY, 2019

Revenue

2.4b2.6b2.7b

Revenue growth, %

9%6%

Cost of goods sold

2.0b2.3b2.4b

Gross profit

407.2m310.5m350.7m
Half Year
EURH1, 2017H1, 2018H1, 2019

Revenue

1.1b1.2b1.3b

Cost of goods sold

891.6m1.0b1.2b

Gross profit

204.7m135.4m127.1m

Gross profit Margin, %

19%12%10%
Annual
EURFY, 2017FY, 2018FY, 2019

Cash

191.9m336.2m399.6m

Accounts Receivable

318.9m330.3m378.5m

Prepaid Expenses

414.5m307.1m317.8m

Inventories

88.2m99.1m103.2m
Half Year
EURH1, 2017H1, 2018H1, 2019

Cash

522.5m220.4m291.7m

Current Assets

1.5b1.4b1.8b

PP&E

2.4b2.4b2.4b

Total Assets

5.0b4.7b4.9b
Annual
EURFY, 2017FY, 2018FY, 2019

Net Income

150.4m(433.7m)74.9m

Depreciation and Amortization

251.6m716.3m265.1m

Inventories

2.0m(10.6m)(3.5m)

Accounts Payable

(59.6m)61.8m(31.7m)
Half Year
EURH1, 2017H1, 2018H1, 2019

Net Income

75.1m(361.7m)1.3m

Depreciation and Amortization

123.4m499.5m126.6m

Cash From Operating Activities

(8.8m)10.2m(40.6m)

Cash From Investing Activities

(12.2m)(74.3m)(158.6m)
EURH1, 2017

EV/EBITDA

15.4 x

EV/EBIT

34.1 x

EV/CFO

-393.8 x

Revenue/Employee

157.5k

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.6 x

P/E Ratio

49.1
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Royal Boskalis Westminster Operating Metrics

Q2, 2017Q3, 2017FY, 2017Q2, 2018Q3, 2018FY, 2018Q2, 2019Q3, 2019FY, 2019Q1, 2020

Order Book

€3.25 b€3.1 b€3.5 b€3.89 b€3.8 b€4.29 b€4.36 b€4.2 b€4.72 b€4.6 b

Order Book (Dredging and Inland Infra)

€2.31 b€2.48 b€3.01 b€3 b€3.03 b€3.19 b

Order Book (Offshore Energy)

€930.2 m€1.01 b€862.3 m€1.28 b€1.33 b€1.52 b

Order Book (Towage & Salvage)

€6.3 m€6.7 m€16.6 m€7.9 m€8.6 m€5.4 m
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Royal Boskalis Westminster Acquisitions / Subsidiaries

Company NameDateDeal Size
Horizon Group (Horizon)November 25, 2019
Gardline GroupAugust 15, 2017
StematJuly 01, 2016
VBMSJuly 01, 2016
VSIJuly 01, 2016
Fairmount MarineMarch 03, 2014
Atlantique Dragage SARL
Baggermaatschappij Boskalis B.V.
BKI Gabon S.A.
B.K.W. Dredging & Contracting Limited
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Royal Boskalis Westminster Revenue Breakdown

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Royal Boskalis Westminster revenue breakdown by business segment: 16.1% from Service Activities and 83.9% from Contracting Activities

Royal Boskalis Westminster revenue breakdown by geographic segment: 23.4% from The Netherlands, 8.6% from North and South America, 16.4% from Australia / Asia, 13.5% from Middle East, 34.8% from Rest of Europe and 3.3% from Other

Human Capital Metrics

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Royal Boskalis Westminster Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Royal Boskalis Westminster Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Royal Boskalis Westminster Online and Social Media Presence

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Royal Boskalis Westminster News and Updates

Boskalis Update Share Buyback

In the period from 19 April up to and including 23 April, Royal Boskalis Westminster N.V. (Boskalis) repurchased own shares. The repurchases took place within the framework of the share buyback program announced on 15 March 2019

Boskalis Update Share Buyback

In the period from 22 March up to and including 26 March, Royal Boskalis Westminster N.V. (Boskalis) repurchased own shares. The repurchases took place within the framework of the share buyback program announced on 15 March 2019.

Boskalis Expands Marker Wadden With Two New Nature Islands

Nature in the Markermeer lake will be given a further boost through the realization of two new nature islands. On behalf of the Dutch Society for the Preservation of Nature (Natuurmonumenten) and the Dutch Directorate General for Public Works and Water Management (Rijkswaterstaat), Boskalis will con…

Boskalis: Operationally Strong 2020, Record Order Book and Very Solid Financial Position

Royal Boskalis Westminster N.V. (Boskalis) has exceeded expectations in what has proven to be a very turbulent and challenging 2020 with an EBITDA of EUR 404 million.

Boskalis Publishes 2020 Annual Report and Sustainability Report

Royal Boskalis Westminster N.V. (Boskalis) has published both its Annual Report 2020 and its Sustainability Report 2020.

Boskalis Consortium Rinkoniên Is Awarded Major Subproject in Antwerp’s Oosterweel Link

Lantis today announced that the major subproject of the Oosterweel link in Antwerp, Belgium has been awarded to the Rinkoniên consortium consisting of Boskalis, Mobilis, CIT Blaton, Artes Group and Stadsbader.

Royal Boskalis Westminster Frequently Asked Questions

  • When was Royal Boskalis Westminster founded?

    Royal Boskalis Westminster was founded in 1910.

  • Who are Royal Boskalis Westminster key executives?

    Royal Boskalis Westminster's key executives are Peter Berdowski, Carlo van Noort and B.H. Heijermans.

  • How many employees does Royal Boskalis Westminster have?

    Royal Boskalis Westminster has 9,604 employees.

  • What is Royal Boskalis Westminster revenue?

    Latest Royal Boskalis Westminster annual revenue is €2.7 b.

  • What is Royal Boskalis Westminster revenue per employee?

    Latest Royal Boskalis Westminster revenue per employee is €285.3 k.

  • Who are Royal Boskalis Westminster competitors?

    Competitors of Royal Boskalis Westminster include APM Terminals, Aker Solutions and Van Oord.

  • Where is Royal Boskalis Westminster headquarters?

    Royal Boskalis Westminster headquarters is located at 20 Rosmolenweg, Papendrecht.

  • Where are Royal Boskalis Westminster offices?

    Royal Boskalis Westminster has offices in Papendrecht, Capelle aan den IJssel, Nieuw-Vennep, Houston and in 44 other locations.

  • How many offices does Royal Boskalis Westminster have?

    Royal Boskalis Westminster has 48 offices.