|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||22.32 - 22.88|
|52 Week Range||16.48 - 25.42|
|Beta (5Y Monthly)||1.22|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 5, 2020|
|Forward Dividend & Yield||0.50 (2.23%)|
|1y Target Est||29.25|
Royal Boskalis Westminster N.V. (Boskalis) has received the Provisional Letter of Acceptance for the Design and Construction contract for the Pasay Reclamation Development Project in Manila Bay, Philippines in cooperation with CHEC from China. The award was made by the publicly listed company SM Prime Holdings Inc. (SMPHI), one of the largest property developers in Southeast Asia. The development will create a new commercial and residential area in a densely populated part of Manila.
Royal Boskalis Westminster N.V. (Boskalis) has acquired the remaining 37.5% in the Horizon Group (Horizon). Earlier this year, Boskalis already acquired 62.5% of the shares. Following this transaction, Boskalis will be able to optimize its successful and expanding position in the marine geophysical and geotechnical survey market.
Royal Boskalis Westminster N.V. (Boskalis) recently secured a hand full of heavy marine transport services contracts. Following last year’s transportation of a sizable box-shaped FPSO, Boskalis secured a contract to transport a similar FPSO from China to Brazil. With a weight exceeding 91,000 tons this marks another record-breaking transport for the BOKA Vanguard, which is scheduled to commence at the end of 2019.
Today we'll take a closer look at Royal Boskalis Westminster N.V. (AMS:BOKA) from a dividend investor's perspective...
Royal Boskalis Westminster N.V. (Boskalis) saw revenue increase slightly in the third quarter of 2019 compared to the quarterly average for the first half of the year. The operating result increased sharply in the third quarter compared to the weak first half of the year.
Royal Boskalis Westminster N.V. (Boskalis) has received the provisional award from the Department of Public Works (Rijkswaterstaat) for major maintenance to the highway N3 in The Netherlands. The project scope includes resurfacing, the maintenance of numerous civil engineering structures and the replacement of noise barriers. Boskalis will execute this project by applying its rich expertise in the areas of dry earthmoving, civil engineering and road construction.
Royal Boskalis Westminster N.V. (Boskalis) has completed the sale of its equity stake in Saam Smit Towage to SAAM S.A. (SAAM). The intended sale was announced on 11 February 2019. In line with the initial announcement, Boskalis received approximately USD 200 million in cash for its equity stake in the joint venture resulting in a pre tax book gain of slightly more than EUR 40 million.
Royal Boskalis Westminster N.V. (Boskalis) together with Taiwanese partner Hwa Chi Construction Co. Ltd. have been awarded the foundation scope for the Taiwanese Changfang and Xidao offshore wind farm (CFXD OWF) project owned by Copenhagen Infrastructure Partners (CIP). The contract value for Boskalis is substantial (1) and is subject to financial close of the CFXD OWF project by CIP due later this year. Boskalis and Hwa Chi have successfully performed marine construction projects in Taiwan over the last 30 years and will execute this project as BoWei (Boskalis HwaChi Offshore Wind Taiwan Co. Ltd.).
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by the Ministry of National Planning and Infrastructure, Republic of Maldives, in relation to the development of Gulhifalhu. The development of Gulhifalhu, located about four kilometers from the country’s capital Malé, forms part of the Ministry of National Planning and Infrastructure’s strategic plan to improve and develop the port infrastructure and will serve as a climate adaptive solution, making this part of the Maldives resilient to rising sea levels. As part of this program, Boskalis will reclaim an area with an initial volume of six million cubic meters of sand using a mega sized trailing suction hopper dredger.
Royal Boskalis Westminster N.V. (Boskalis) and biofuels supplier GoodFuels are set to take the next key step in the ‘Boskalis on Bio’ program for the testing of sustainable bio-fuel oil. Following earlier successful tests with ‘drop-in’ blends of light biofuel and marine gas oil, Boskalis’ Willem van Oranje will be the first dredging vessel in the world to operate on 100% bio-fuel oil. The sulphur-free sustainable residual fuel consists wholly of used cooking oil and contains no fossil fuels.
Papendrecht, 18 September 2019 Royal Boskalis Westminster N.V. (Boskalis) announces that Smit Lamnalco, a 50% associated company, has been awarded a substantial 10-year.
Royal Boskalis Westminster N.V. (Boskalis) has been awarded two contracts aimed at strengthening and protecting a stretch of seafront coastline from erosion in the United Kingdom and Romania. Boskalis has been awarded a contract by Portsmouth City Council to construct new sea defenses in Southsea near Portsmouth in the south of the United Kingdom. The project will be executed in joint venture with VolkerStevin and will provide flood protection to thousands of households and businesses along a 4.5-kilometer-long stretch of coastline.
Papendrecht, 27 August 2019 Royal Boskalis Westminster N.V. (Boskalis) announces that its CEO Peter Berdowski today acquired 50,000 Boskalis shares. The shares were purchased.
Royal Boskalis Westminster N.V. (Boskalis) realized a net profit of EUR 1.3 million in the first half of the year (H1 2018: negative EUR 361.4 million). Revenue in the first half of the year increased 8.6% compared to the first half of last year to EUR 1.27 billion (H1 2018: EUR 1.17 billion).
Royal Boskalis Westminster N.V. (Boskalis), together with its co-shareholder Kotug International B.V. (Kotug), have completed the sale of Kotug Smit Towage to Boluda Group (Boluda). In line with the initial announcement, Boskalis received EUR 93.6 million in cash for its 50% equity stake in the joint venture resulting in a book gain of EUR 15 million which will be reflected in the first half year. The cash inflow will be reflected in the third quarter whilst the activities and results of Kotug Smit Towage were deconsolidated as per 1 April 2019 following the signing of the Letter of Intent.
Royal Boskalis Westminster N.V. (Boskalis) has been awarded the contract for the seabed intervention and shore crossing activities for Woodside’s proposed Scarborough export gas pipeline in North West Australia. The contract awarded by Woodside Energy Ltd. (Woodside), in its capacity as operator of the Scarborough Joint Venture, potentially carries a value of EUR 145 million if all options are called and is subject to a final investment decision which is expected in 2020.
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by the Ministry of Works of Bahrain in relation to the North Manama Causeway. The North Manama Causeway forms part of the Ministry of Works strategic plan to improve the existing road network by developing new road corridors to support the rapidly expanding economy of the Kingdom of Bahrain. As part of this program, Boskalis will reclaim an area of approximately 130 hectares with an estimated volume of six million cubic meters of sand using two medium-sized trailing suction hopper dredgers.
Royal Boskalis Westminster N.V. (Boskalis) successfully loaded cruise ship Carnival Vista on its semi-submersible heavy lift vessel BOKA Vanguard and transported it to a shipyard facility in Freeport, Bahamas for a unique dry docking operation. Commencing last Saturday 13 July at sunrise the BOKA Vanguard loaded and lifted cruise ship Carnival Vista in a successful operation a few miles off the coast of Freeport.
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by Carnival Cruise Line to lift cruise ship Carnival Vista out of the water onto the BOKA Vanguard and transport it to a shipyard facility for a dry docking operation. This is a world first operation that will take place in the coming weeks in Freeport, Bahamas.
Dutch marine engineer Boskalis said on Friday it had has been appointed to salvage both tankers that were hit in the Gulf of Oman in a suspected attack. Boskalis said the condition of the Front Altair tanker, carrying a cargo of naphtha, was still worrying, although the fire on the ship had been extinguished on Thursday. The methanol-carrying Kokuka Courageous was in a stable condition, Boskalis said.
Royal Boskalis Westminster N.V. (Boskalis) has been appointed as the salvor for both tankers that were hit yesterday morning in the Gulf of Oman in a suspected attack. Shortly after the incidents the insurers of both vessels appointed Boskalis subsidiary SMIT Salvage to salvage the vessels and their cargo.
Royal Boskalis Westminster N.V. (Boskalis) announces that the Annual General Meeting of Shareholders (the Meeting) held today adopted the 2018 financial statements. Mr. P.A.M. Berdowski was reappointed as a member of the Board of Management and CEO for a period of four years. Mr. C. van Noort was appointed as a member of the Board of Management in the role of CFO for a period of four years.