Interim report
Page 1
PRESS RELEASE ARCADIS Arcadis reports 2021 second quarter and first half year results Arcadis N.V. Gustav Mahlerplein 97-103 P.O. Box 7895 1008 AB Amsterdam The Netherlands Tel +31 20 2011 011 www.arcadis.com Accelerated organic revenue growth , further margin and backlog improvement Rebound of major economies creates positive business outlook Further increased demand for Sustainable Solutions reinforces strategic choices Second quarter results : Organic net revenue growth of 5.7 % to € 644 million ( Q2 2020 : € 628 million ) Operating EBITA + 20 % to € 59 million , margin improved to 9.2 % ( Q2 2020 : 7.8 % ) Net working capital at 14.3 % ( Q2 2020 : 17.7 % ) ; DSO at 74 days ( Q2 2020 : 87 days ) Solid free cash flow of € 69 million ( Q2 2020 : € 165 million ) First half - year results : . Organic net revenue growth of 3.0 % to € 1.3 billion ( gross revenues of € 1.7 billion ) Operating EBITA + 21 % to € 117 million ; margin improved to 9.2 % ( H1 2020 : 7.6 % ) Net income from operations per share + 52 % to € 0.90 ( H1 2020 : € 0.59 ) Strong balance sheet with net debt / EBITDA ratio of 0.3x Organic backlog growth year - over - year 7.2 % , year - to - date 4.2 % - Amsterdam , 29 July 2021 – Arcadis ( EURONEXT : ARCAD ) , the leading global Design & Consultancy organization for natural and built assets , reports an organic net revenue growth of 5.7 % and an operating EBITA margin of 9.2 % for the second quarter . Organic net revenue growth for the first half year was 3.0 % with an operating EBITA margin of 9.2 % . Sustained good order intake is resulting in organic backlog growth of 7.2 % year- over - year . CEO STATEMENT Peter Oosterveer , CEO comments : " I am pleased with both the increased organic revenue growth and the improved margin , as well as with the further growth of our backlog . Although we are still experiencing the impact of the pandemic , we see growing demand from our clients for Arcadis services , to enable them to mitigate the impact of climate change and create more sustainable assets and livable communities . Responding to the pandemic over the past 18 months has led to an even greater focus on cross sector and cross regional collaboration within Arcadis . We were able to increase the leverage of our global expertise across our businesses , generating additional benefits for our clients . Our new strategy , launched in late 2020 , is therefore proving to be a timely and prudent springboard for consistently delivering scalable sustainable solutions . We have leveraged our digital 1