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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Koninklijke BAM Groep
Koninklijke BAM Groep (BAMNB) investor relations material
Koninklijke BAM Groep Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary5 Nov, 2026
Executive summary
Strong first-nine-month performance, with higher profitability in both divisions YoY, supported by selective growth in high-demand markets and disciplined tendering and cost control.
Order book remained high at €13.0bn, with focus on quality over volume and improving earnings visibility from longer-term frameworks and partnerships.
Financial highlights
Netherlands and UK & Ireland delivered higher revenue and adjusted EBITDA than in the same period of 2025.
Trade working capital developed favourably, driven by UK & Ireland; cash remained robust and solvency improved versus mid-year 2026.
Outlook and guidance
FY 2026 adjusted EBITDA margin guidance reiterated at at least 6.5%.
Attractive opportunities cited in energy and water transition, infrastructure, defence and housing; government programmes support markets in the Netherlands, UK, Ireland and Belgium.
2027–2029 strategy update planned for Capital Markets Day on 22 March 2027.
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Latest events from Koninklijke BAM Groep
- A.Hak adds underground infrastructure expertise and €1bn to the 2027–2031 backlog.BAMNB
M&A announcement - Adjusted EBITDA up 36% to €240 million, margin at 6.9%, and order book at €12.6 billion.BAMNBQ2 2026
- Record shareholder turnout approved all proposals amid strong results and sustainability focus.BAMNBAGM 2026
- Revenue and adjusted EBITDA rose in Q1 2026, with a robust €13.0 billion order book.BAMNBQ1 2026 TU
- Adjusted EBITDA up 20% to €400m, net result €211m, and €40m share buyback announced.BAMNBQ4 2025
- Adjusted EBITDA €203m, margin 4.4%, revenue up 2%, order book up 19% to €11.7bn.BAMNBQ3 2024 TU
- Adjusted EBITDA and revenue up 6%, order book and capital ratio improved, margin 4–5%.BAMNBQ2 2024
- Strong financials, sustainability focus, and all proposals approved at record-turnout AGM.BAMNBAGM 2025
- Order book up 33% and adjusted EBITDA margin at 5.2%, with strong cash and dividend growth.BAMNBQ4 2024
Next Koninklijke BAM Groep earnings date
Q4 202618 Feb, 2027
Koninklijke BAM Groep
Next Koninklijke BAM Groep earnings date
Q4 202618 Feb, 2027
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Frequently asked questions
Koninklijke BAM Groep nv, known as Royal BAM Group, is a leading Dutch construction-services company. Founded in 1869, it has grown to become the largest construction firm in the Netherlands based on revenue. The company specializes in designing, building, and maintaining high-quality, sustainable buildings, homes, and infrastructure for both public and private sector clients across the globe. The company operates through two main divisions, Netherlands and United Kingdom and Ireland, alongside a PPP (Public-Private Partnership) business. The company is headquartered in Bunnik, Netherlands, and its shares are listed on the Amsterdam Euronext exchange.