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Boskalis jaarverslagen 2012

Key figures

(Amounts x € 1 million, unless stated otherwise) 2013 2012**Revenue (work done)* 3,539 3,081Order book (work to be done) 4,005 4,106     Operating

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Chairman's statement

Dear shareholders, Once again we are able to look back on a strong year for Boskalis. Despite the continued challenging conditions we succeeded in achieving a record revenue of EUR 3.5 billion and record profit of EUR 366 million.

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Company profile

Boskalis is the leading dredging & marine expert creating new horizons for all its stakeholders.

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Activities

Traditionally, dredging is the core activity of Boskalis. It involves all activities required to remove silt, sand and other layers from the water bed and in some cases utilizing them elsewhere, for example for land reclamation.

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Introduction

Boskalis operates around the world and is a leading player in the field of dredging and maritime services. The Offshore Energy activities form an increasingly important part of the business.

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Market developments

Increases in the world’s population and in wealth are fueling structural growth in world trade. Part of this growth is carried through into the volume of seaborne trade. Demand for energy is also growing steadily.

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Strategic framework

The updating of the Boskalis strategy for 2014-2016 is a natural consequence from our mission and vision.

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Focus

The Focus pillar of our strategy is aimed at:

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Expand

The Expand pillar of our strategy concentrates mainly on the Offshore Energy activity, which is focused on a large and structurally growing market segment with a potential project value of around EUR 60 billion in the period to end-2016.

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Strenghten

The Strengthen pillar of our strategy mainly concentrates on the Dredging & Inland Infra and Towage & Salvage activities, which are focused on large market segments with structural growth.

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