Marine engineering experts Royal HaskoningDHV enjoyed income growth of 3.1% in 2018 following 12 months of digital and technological innovation, according to its financial statements.
The company earned what it described as a “stable” earnings before interest taxes and amortization (EBITA) of US$14.4 million, which saw restructuring and one-off costs drop by almost a $1 million from its 2017 level.
Furthermore, it also hailed its several of its ground-breaking projects from 2018, including the construction of the world’s longest sea bridge and tunnel combination, which connects Hong Kong and Macau, China.
In addition, it also entered into a partnership for the delivery of the state-of-the-art Nereda technology, an innovation designed to deliver sustainable wastewater treatment, and designed the Milaha shipyard upgrade in Doha, Qatar an artificial business hub island in Vietnam.
Royal HaskoningDHV will be a Gold Speaker at both of PTI's marquee industry events: Container Terminal Automation Conference (CTAC) in May 2019 and the Smart Ports and Supply Chain Conference (SPSC) in October 2019
In a statement accompanying its financial results, Royal HaskoningDHV’s CEO Erik Oostwegel said: “Looking back at 2018, I’m excited about the progress we made with regards to our strategy implementation.
“We have invested in our people and innovations to accelerate our digital ways of working in order to deliver better and faster solutions with and for our clients.
A recent Port Technology technical paper from Royal Haskoning's Nicola Clay looked at how to build smart ports
“To bring our strategy to life, we proactively co-create innovations with partners and clients to enhance society.
“We can do this effectively because our clients see us as their trusted partner and are satisfied with the services we provide them to face challenges such as climate change, urbanization, resource optimization and technology disruption.”
Looking ahead to 2019, Oostwegel said Royal HaskoningDHV said it expected growth in two of its biggest markets – the Netherlands and Indonesia and that it will continue its digital innovation in order to drive growth.
“We have a great team, the right processes in place and sound long-lasting client relationships,” Oostwegel said.
“Our focus on data and digital will continue in 2019, both internally, with clients and partners, and through strategic acquisitions.
“We look forward to making the coming year a success and driving forward in our mission to enhance society together.”