BAM Reports Strong 2025 Performance, Increased Home Sales
Dutch construction firm BAM reported significantly improved financial results for 2025, exceeding expectations with a 20% increase in operational profit (EBITDA) to €400 million, according to recent filings. The positive performance underscores the company’s resilience in a dynamic market.
The company also saw a 25% increase in home sales during the year. This growth, coupled with the improved profitability, has led analysts to believe BAM is on track to meet its margin target of at least 5%.
Beyond the core construction business, BAM also made strategic decisions regarding its portfolio. The company discontinued plans for a costly concert hall project, streamlining its investments and focusing on core competencies.
Market reaction to the news has been positive, with investors responding favorably to the strong financial performance. Beursblik reports that BAM’s margin target appears achievable.
The positive results come as Air France-KLM also announced record profits for 2025, with an operational profit exceeding €2 billion and a net profit of €1.75 billion. Though, KLM’s performance lagged behind its French counterpart, facing challenges with higher costs, strikes, and declining demand for budget flights. KLM experienced a €90 million setback due to winter weather in early 2026 and has already reduced its workforce by 250 positions as part of cost-cutting measures.
Elsewhere, Accell, the owner of bicycle brands Batavus, Sparta, and Babboe, has reached an agreement with its creditors. The creditors have converted their loans into equity, effectively relinquishing their ownership stake. The company, previously owned by KKR and Teslin, had been struggling with supply chain disruptions and inventory issues since the coronavirus pandemic. Accell reportedly had €900 million in debt, a significant portion of which will be forgiven under the new agreement.
In the technology sector, Meta CEO Mark Zuckerberg testified in a California court that the company is no longer developing apps designed to maximize screen time. The case is part of a larger lawsuit alleging that social media companies intentionally addict users to their platforms.
