News
"It is clear that the financial and business rationales behind the merger were entirely correct, and that the merger will contribute significantly to increased growth and earnings in the coming years,” says Chief Executive Officer Carsten Toft Boesen.
In 2017, NIRAS achieved revenue of DKK 2,1bn, a growth of 44%. The growth is - in addition to the merger with ALECTIA - a result of positive growth in all business areas. Operating profit (EBITA) reached DKK 50m. The result is affected by the extraordinary merger costs of DKK 23m, and the results before merger costs amounted to DKK 73m.
"A year after the merger between NIRAS and ALECTIA, we are seeing the results in the form of a significantly strengthened position, especially in relation to construction and industry, as well as a wealth of new market opportunities across customers and business areas. It is clear that the financial and business rationales behind the merger were entirely correct, and that the merger will contribute significantly to increased growth and earnings in the coming years,” says Chief Executive Officer Carsten Toft Boesen.
In addition to the merger, NIRAS in 2017 invested in acquisitions and market development in Sweden and Norway, in addition to international top-level expertise in food production and offshore wind energy. There will be more of these types of investments in the coming years, says Carsten Toft Boesen.
"There are good opportunities to grow organically by combining existing business areas and geographic markets, but we are also very aware of the opportunities to acquire companies that fit into NIRAS' strategy and culture."
In 2017, NIRAS acquired five companies in the Netherlands, Norway and Sweden and thereby added an additional 115 specialists in consultancy to the dairy processing and packaging, construction project management and architecture.
The requirements for knowledge and technology within NIRAS’ business areas are sharply increasing. That is why NIRAS is prioritising cooperation with universities and research communities which will develop new knowledge and technology at a high level:
“We are initiating Ph.D. projects on an ongoing basis in cooperation with universities in Denmark and the rest of Scandinavia. Currently, we are implementing seven research projects, and we will continue doing this as part of our development work,” says Carsten Toft Boesen.
NIRAS’ strategy towards 2020 is based on the UN’s 17 Sustainable Development Goals.
"At NIRAS, sustainable solutions have been part of our DNA for many years. In the development of our strategy towards 2020, we have put additional energy into how our business areas can contribute to the UN’s 17 Sustainable Development Goals. Two Danish examples include the development of a large industrial site in Aalborg - a larger city in the north of Jutland - with a focus on sustainable urban development and a climate-proof port area, in additional to new underground cloudburst tunnels in Copenhagen, which will protect the capital against extreme weather,” says Carsten Toft Boesen.
|
2013 |
2014 |
2015 |
2016 |
2017 |
|
|
Revenue |
1190 |
1255 |
1317 |
1474 |
2125 |
|
From own production |
927 |
962 |
1006 |
1106 |
1647 |
|
EBITA |
48 |
45 |
51 |
56 |
50 |
|
EBITA margin |
5.2% |
4.6% |
5.1% |
5.1% |
3.1% |
|
EBITA excl. merger costs |
|
73 |
|||
|
Earnings after taxes |
23.1 |
33.2 |
36.2 |
39.2 |
20.3 |
|
Number of employees (avg.) |
1375 |
1370 |
1404 |
1475 |
2206 |
Annual Report 2017 (iPaper)
Start-up on technical master plan for stabling tracks in the Kongsvinger area.
NIRAS won the first Norwegian assignment on the new framework agreement for railway consultancy, a master plan for stabling tracks in the Kongsvinger area for BaneNOR.
French offshore wind turbine project:
NIRAS adviser on future dismantling. A detailed plan has been set for how they will be taken down again at the end of the wind farm’s operation.
New digital media house will strengthen independent journalism in Ukraine.
The focus is on news broadcasting and independent journalism, when NIRAS, in cooperation with Deutsche Welle Academy and BBC Media Action, are preparing to establish a new, modern and digital media house for the Ukrainian public service television station UA:PBC.
