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Royal IHC: recovery in sight after challenging year
In 2020 IHC revenue declined to 737.7 million euro from 1,069.7 million in 2019. Order portfolio as of Dec 31 was 450.5 million (2019 - 689.8 million) Royal IHC achieved a negative EBITDA of EUR 199 million in 2020 (2019 -111.5 million) as expected, the IHC press release said.
NEW STRATEGY
The first half of 2020 was dominated by the refinancing and recapitalisation of Royal IHC. A strategy was also drawn up to focus the company on its core activities and bring the size of the organisation in line with a more realistic revenue expectation. The implementation of the transition plans and the strengthening of Royal IHC s position in the maritime sector followed in the second half of 2020. ....

Gerben Eggink , Dutch Ministry Of Defence , Maritime Capacity Alliance , Ministry Of Defence , Dutch Ministry , Maritime Capacity , Royal Ihc , டச்சு அமைச்சகம் ஆஃப் பாதுகாப்பு , கடல் திறன் கூட்டணி , அமைச்சகம் ஆஃப் பாதுகாப்பு , டச்சு அமைச்சகம் , அரச இக் ,