2015 saw Wade Adams win a number of prestigious projects in the final quarter, with a total value of Dhs 968 million (USD 263.5 million), which adds to an already healthy and quality backlog.
‘This is a good set of results with strong growth in both revenue and underlying profitability”, comments Kyriakos Antzoulis, Group General Manager. And adds: “Our fourth quarter results capped off another year of good financial performance for the Wade Adams Group. “
“2016 outlook also remains positive; as urbanisation increases, infrastructure spending is predicted to grow significantly and through the growth of the Group’s presence in the region, Wade Adams are well placed to benefit from this investment.” concludes Antzoulis.