IHC Merwede Holding BV 2019 AR2
The report highlights Royal IHC's performance and developments during the fiscal year 2019. The company faced significant financial challenges, reporting a net loss of ’226.8 million and a negative EBITDA of ’111.5 million due to project overruns and adverse market conditions. To secure its long-term future, Royal IHC reached an agreement in principle for takeover and refinancing with an industry consortium in mid-2020. On the sustainability front, the company focused on its 'I-CARE' safety awareness campaign to address work-related incidents and continued its commitment to energy transition and emission reduction technologies.
Company: IHC Merwede Holding BV
Country: Netherlands
Year: 2019
Type: AR2
Pages: 13
Back to company
IHC Merwede Holding BV
Annual Report
The report highlights Royal IHC's performance and developments during the fiscal year 2019. The company faced significant financial challenges, reporting a net loss of ’226.8 million and a negative EBITDA of ’111.5 million due to project overruns and adverse market conditions. To secure its long-term future, Royal IHC reached an agreement in principle for takeover and refinancing with an industry consortium in mid-2020. On the sustainability front, the company focused on its 'I-CARE' safety awareness campaign to address work-related incidents and continued its commitment to energy transition and emission reduction technologies.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees