Arcadis N.V.: Arcadis re-appoints Peter Oosterveer as Chief Executive Officer and appoints Carla Mahieu as member of the Supervisory Board
Executive Board re-appointment:
Peter Oosterveer was re-appointed as Chief Executive Officer and Chair of the Executive Board of Arcadis for a period of four years.
Supervisory Board (re-)appointments:
Carla Mahieu was appointed as member of the Supervisory Board of Arcadis for a period of four years.
Niek Hoek was re-appointed as member of the Supervisory Board for a period of two years. Mr. Hoek will continue in his role as Chair of the Supervisory Board of Arcadis.
Wee Gee Ang was re-appointed as member of the Supervisory Board for a period of four years.
Arcadis N.V.: Arcadis reports transactions under its current share buyback program
2021 - Arcadis (EURONEXT: ARCAD), the leading global Design & Consultancy organization for natural and built assets, has repurchased 24,932 of its own shares in the period from April 16, 2021 up to and including April 22, 2021 at an average price of €33.90. The consideration of this repurchase was €0.8 million. The repurchase is in accordance with the share buyback program to cover existing obligations under employee incentive plans and to cover commitments for stock dividend, as announced on February 19, 2021.
The total number of shares repurchased under this program to date is 705,311 shares for a total consideration of €22.1 million.
-5%
Organic net revenues declined by 18%, affecting mainly retail and commercial sectors, which were severely impacted by COVID-19 with signs of recovery in Health Care.
OPERATING EBITA
Operating EBITA increased by 21% to €58 million (Q1 2020: €48 million), due to overall solid performance. The operating EBITA margin improved to 9.2% (Q1 2020: 7.2%); driven by margin improvement especially in North America and the UK, as well as recovery in China. Non- operating costs amounted to €1 million (Q1 2020: €3 million).
CASH FLOW AND WORKING CAPITAL
Free cash flow was -€39 million (Q1 2020: -€84million), due to the seasonal outflow and the partial repayment of COVID-19 permitted tax deferrals.
Arcadis N.V.: Arcadis reports transactions under its current share buyback program
Amsterdam, April 2, 2021 - Arcadis (EURONEXT: ARCAD), the leading global Design & Consultancy organization for natural and built assets, has repurchased 13,906 of its own shares in the period from March 26, 2021 up to and including April 1, 2021 at an average price of €34.26. The consideration of this repurchase was €0.5 million. The repurchase is in accordance with the share buyback program to cover existing obligations under employee incentive plans and to cover commitments for stock dividend, as announced on 19 February 2021.
The total number of shares repurchased under this program to date is 476,689 shares for a total consideration of €14.3 million.
Amsterdam, March 12, 2021 - Arcadis (EURONEXT: ARCAD), the leading global Design & Consultancy organization for natural and built assets, has repurchased 72,191 of its own shares in the period from March