Royal HaskoningDHV reports strong 2024 results and is going to invest in a new fund

25-03-2025
Royal HaskoningDHV reports excellent results for 2024. Turnover grew by 10% to 810 million euros and the operating result increased by 16% to 60 million euros.

Good project results and increased productivity

In 2024 we saw considerable demand for consultancy and engineering services in markets such as industry, infrastructure, ports and airports, and for services aimed at climate change mitigation and adaptation. Furthermore, good project results and increased productivity arising out of digitalisation and the use of AI, helped us achieve the strong results.


Marije HulshofCEO
Marije Hulshof

Royal HaskoningDHV is allocating a third of its profit for 2024 as a profit share for employees.

From 2025, the company wants its employees and society to share more in its profit. Going forward, 40% of the profit will be distributed to employees and the company will transfer 12.5% of the net result annually into a new fund to finance worldwide research and innovation in climate change and clean water. Both initiatives require shareholder approval at the general meeting of shareholders in April.

Key figures

(in million of euros unless stated otherwise) 2024 2023
Net turnover 810  736
Added value  669  606 
 Operating result (EBITA recurring)   60.1  51.6 
Operating margin (EBITA recurring/added value* 100%)  9.0  8.5
 Net result  41.0  24.8
 Free cash flow 15.7  33.8
EBITA recurring = EBITA excluding non-operational (restructuring and other one-off costs/revenues).

Royal HaskoningDHV ends 2024 financially healthy with a solid solvency ratio of 50%

Royal HaskoningDHV acquired two companies in 2024: Uticon, which focuses on the food industry, and Pondera Consult, consultants in all phases of sustainable energy projects. The acquisition of maritime engineers Arch Henderson from Scotland was also prepared and took place early March 2025. 

The acquisitions and investments in offices caused a decrease in the free cash flow to 15.7 million euros

The number of permanent employees grew to over 5,700 in 2024. Attention was placed on leadership and talent development, aligning employee remuneration packages with the market, and Equality, Diversity & Inclusion (ED&I) for which a first global survey took place among employees. 

The annual Employee Engagement Survey showed that 83% of employees are enthusiastic and motivated (2023: 80%) and 78% believe that the company enables them to be at their best (2023: 75%). The percentage of female employees increased from 28% to 29%, towards a target of 32% in 2030. 

Marije Hulshof: “We want to have a positive impact on people and the environment through our projects and our own business operations. In 2024, we took measures to further reduce our emissions, leading to a 16% reduction in the CO2 footprint per employee.”

In April 2023, Royal HaskoningDHV started systematically assessing tenders and projects on five sustainability themes: climate change, biodiversity, circularity, social value, and safety and well-being. In 2024, the company assessed some 2,400 projects, representing 65% of its turnover. The assessments often prompted conversations with clients about possibilities for a more creative, sustainable solution.

EcoVadis, an authority in the field of sustainability assessments, rewarded Royal HaskoningDHV’s sustainability management with a platinum medal in 2024 – the highest recognition.

2024 2023
Number of employees (as of 31-12)  5,740  5,675
Employee satisfaction (%) 83  80 
Female employees (%) 29  28 
Scope 1 emissions (ton CO2-eq)  697  895
Scope 2 emissions (ton CO2-eq) 121 856
Scope 3 emissions (ton CO2-eq) 12,140  13,596
CO2-footprint per employee (ton CO2-eq) 2.26  2.70 
Number of projects assessed for sustainability 2,403  1,117 
Scope 1: Direct greenhouse gas emissions from owned/managed sources. Scope 2: Indirect greenhouse gas emissions from the generation of purchased electricity and heat. Scope 3: Indirect greenhouse gas emissions related to business activities, but from sources not directly owned/managed, such as public transport and flying.

Outlook

Marije Hulshof: “We have a healthy order book at the end of 2024 with a value of 360 million euros (2023: 333 million euros).

We see global growth opportunities in the areas of energy transition, climate change, management and replacement of infrastructure works, and the expansion of data centres needed to facilitate the growing use of AI. Asia-Pacific is an important growth region, especially in respect of climate measures.

In line with these international ambitions, the company will continue as Haskoning from mid-May 2025

There is another reason why May 2025 will be a special month for the company. It will see 1,000 employees from Rotterdam and The Hague relocate to the sustainably renovated former mining faculty building in Delft – a national monument that has been modernised with respect for its historic character, made gas-free and progressed from energy label G to A+++ in three years.

Projects highlights 2024

Several people dressed in white shirts and ties observe the river from a bridge.

Royal HaskoningDHV celebrates the inauguration of Phu My wastewater treatment plant in Vietnam

Royal HaskoningDHV, in collaboration with the Management Board of Civil and Industrial Projects of Ba Ria - Vung Tau province, today announced the official launch of the Wastewater Collection, Treatment, and Drainage System for the Phu My New Urban Area in Phu My Town. This groundbreaking project marks a significant step towards improving environmental sustainability and enhancing public health in the region.

Protecting Singapore from coastal flooding 

In response to the increasing risk of coastal flooding, PUB, Singapore’s National Water Agency, has appointed Royal HaskoningDHV to conduct a flood risk assessment for the country’s coastline. Our study will evaluate the likelihood of economic and social risks and explore the benefits of various adaptation measures to an optimal protection standard. We will use our Global Flood Risk Tool, to provide a comprehensive flood risk assessment.

Singapore's coastline during sunset
Brewery Heineken

Beer brewer Heineken on the road to net-zero with Royal HaskoningDHV

When you enjoy a cold beer, you probably don't immediately think about the brewing process. However, the consultants and engineers at Royal HaskoningDHV do, as the company has been contracted as one of the four parties guiding Heineken on the path to making their breweries zero carbon worldwide.

Assessment of structural safety of bridges and viaducts in the Netherlands

Royal HaskoningDHV will carry out recalculations for 16 concrete bridges, 11 steel bridges, and 16 steel movable bridges during the period 2024 – 2030

Oosterweelverbinding Antwerp
Porto Romano

Getting started for Albania’s largest seaport 

The Porto Romano Port is now entering its next development phase: the construction of Phase I. And the port is encouraging environmentally and socially conscious strategies to ensure it's an environmental, social, and economic success.

Royal HaskoningDHV’s Aurea technology wins prestigious Dutch Award for ingenious engineering

One example of our long-term investment in research and development is the Aurea technology, developed together with Wageningen University for the removal of pharmaceutical residues and other micropollutants from water. It has been named winner of the Vernufteling 2024 – the annual prize for the most ingenious engineering project with social value, awarded by the Royal Dutch Society of Engineers.

Winner of Vernufteling 2024
Uithijsen liggers

High-quality bridge girders reused in road network upgrades in the Netherlands

In March, approximately 50 beams from the A9 in Ouderkerk aan de Amstel were lifted to be reused in the A44. For this 'harvesting' of beams that are still of good quality, Rijkswaterstaat is collaborating with the consortium Groene Liggers V.O.F., which includes 12 organizations, including Royal HaskoningDHV.

2024 Annual Report

We are pleased to present you with our integrated Annual Report with excellent results for 2024. Turnover grew by 10% to 810 million euros and the operating result increased by 16% to 60 million euros.

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Graphic for Annual Report 2024
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