Arcadis reports increased revenue and profitability in Q2

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Arcadis sees positive second quarter results as new CEO takes over and continues its long term strategy for growth.

Global design and consultancy firm, Arcadis has seen growing client demand across all of its global business areas, resulting in record Q2 Net Revenue of €945 million and an organic growth of 9.0%. It also saw improved operating EBITA margin of 9.8%, up from 9.3% this time last year. 

Alan Brookes, the recently appointed CEO Arcadis, said: “Arcadis delivered another strong quarter driven by high client demand particularly in industrial manufacturing, environmental remediation, and innovative mobility solutions. The integration of Arcadis IBI and Arcadis DPS is progressing well and will be finalised before year end, with significant project wins from our combined complementary expertise.”

“In my first two months as CEO, I have remained close to the business and strengthened my executive leadership team by bringing in the GBA leads. The need for sustainable and digitally enabled solutions remains high on our clients’ agenda, and I am convinced that with the talent and expertise within the organization, we are well positioned to capitalise on these future growth opportunities.”

ArcadisQ2 2023Q1 2023
Revenues (millions)€945€940
Adjusted EBITA (millions)€93€92
EBITA Margin (%)9.89.8
Net debt to adjusted EBITDA (ratio)2.4
Order Book (millions)€3,249€3,192
Booking-to-revenue (ratio)0.850.85