Grontmij: substantial drop in net operating income

* Net operating income 2001 drops by 10% to EUR 14.5 million
* GrontmijÂ's revenue increases by 8% to EUR 511 million
* Net result after EUR 3,4 million provision EUR 11.1 million (2000: EUR 16 million)
* Proposed dividend: EUR 1.51 (2000: EUR 1.73)
* 2002 prospects: growth in revenue and margin improvement compared to 2001

GrontmijÂ's revenue over 2001 increased by 8% to EUR 511 million (2000: EUR 472 million). The 2001 net operating income came to EUR 14.5 million (2000: EUR 16 million). This 10% drop is caused by disappointing sales and losses in approximately 10% of the activities: telecommunication, property valuations and subsidiaries in Belgium (Atenco) and Poland (Ekolog).

For further details please visit www.grontmij.nl.

(source: Grontmij)

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