Our Financials

BESIX Group

Amidst the difficult contracting conditions for the 2022 calendar year, BESIX Group’s Concessions & Assets and Real Estate businesses were major contributors to the Group’s strong financial performance.

Besix

BESIX Watpac finished the reporting period with $1.66B of work in hand, $284.1M in cash and $319.8M of headroom in bank guarantee and insurance bond facilities. The company therefore has strong liquidity and extensive capacity to provide required performance bonding on our strong pipeline of opportunities and robust order book for the years ahead.

We are also actively targeting potential investment opportunities that align to our core contracting business, to provide diversification and additional profit generating potential. Despite the broader industry challenges that we continued to experience during the reporting period, we are in a great position for future profitability.

BESIX Watpac Consolidated Statement of Financial Position

BESIX Watpac Consolidated Summary Statement of Profit or Loss