21 Jan 2013 | Press release - Grontmij takes Back on Track strategy to the next level 
Focus moves from restructuring to realising profitable growth

De Bilt, 21 January 2013 - Grontmij N.V., a listed consulting & engineering company with strong European presence, today announces the next step in its 'Back on Track' strategy for the period up to 2015. The strategy as announced last year is based on two pillars: restructuring and realising profitable growth. In 2012, the emphasis has been on restructuring. Grontmij has successfully completed a substantial part of the restructuring plan, working according to schedule and on time. From 2013 onwards the main focus will be on realising profitable growth, the second pillar of the 'Back on Track' strategy. The way forward for Grontmij is announced today in more detail, including the intended divestment of the French Monitoring & Testing (M&T) business (see separate press release published on 21 January 2013). The financial goals of the 'Back on Track' strategy are reconfirmed.

Highlights of the 'Back on Track' strategy update:

  • Grontmij puts full focus on realising profitable growth
  • Market leadership envisaged in five European Group Growth segments:
    • Energy
    • Highways & roads
    • Light rail
    • Sustainable buildings
    • Water (new)
  • Roadmap to win aims for behavioral change and improvement of processes by implementing the Client First programme, Operational excellence programme and People strategy, building on current strengths and using best practices available within the Group
  • Split up of Grontmij France: M&T will be divested (see separate press release published on 21 January 2013); the Engineering part is marked as core business with good potential for financial recovery and growth in revenue and profitability in the coming years. The French engineering business, currently operating under the name 'Ginger', will be rebranded to Grontmij in 2013
  • Grontmij reiterates its full year outlook 2012 and reconfirms the financial goals for the period 2013-2015


Michiel Jaski, CEO Grontmij N.V: 'We are pleased to announce a more detailed roadmap for the long term development and growth of Grontmij. Following the announcement of our 'Back on Track' strategy on the 9th March 2012, we have had a busy year of transition and restructuring. The experiences and insights gained last year have convinced us that we have the right strategy in place. With customers, employees and shareholders responding well to our plans, we are now able to take our strategy to the next level. By continuing to put customers first and a clear focus on the five defined Group Growth segments, Grontmij will be working to achieve profitable growth in the years to come. Delivering on our strategy will not be easy, given the market circumstances and outlook in Europe, but with our community of dedicated professionals we have the will and the know-how to succeed.'

Download the full press release: Grontmij takes 'Back on Track' strategy to the next level

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