Page 15 - Danish Offshore Industry 2016

RAMBOLL FIGHTING IT OUT The danish market has settled quite reasonable for Ramboll. MANY TENDERS SUBMITTED contracts,” concludes John Sørensen, who believes that After all, the Danish marked has settled at a reason- the changed ways of working forced by the economic able level even if it is considerably lower than indicated reality may eventually result in something positive. by the turn-over of a few years ago, and that is why Ramboll is keeping an acute focus on the trends of the “Our forecast for 2016 tells us that the situation will not market. improve signifcantly, but it stabilizes and there may be a small positive trend at the end of the year. Generally, “Looking at 2016 our Danish business appears rather we are looking at a year which is just as hard as 2015, acceptable seen from an employment point of view, but but having been in the business for a considerable we are not making the profts we should be making. We number of years we know that things may change at have a frm belief that we do what is necessary to get short notice. Now we have to re-consider the ways we us through the crisis, and we hope that this effort will are normally doing things, and take a look at how we be succeeded by a more sensible economic situation. would do things if we came from outside. Any crisis is Obviously, we cannot pay for our work with our own an opportunity, too, for when we overcome it we shall money, and our clients fully understand that we cannot be more competitive than before. As an example I may go on cutting costs. As always, our horizon is 3-6 months point at wind power where some years ago the require- ahead, and for that period activities look acceptable, and ments called for a 30% reduction of the cost of energy. then I may add that at present we have submitted more We are close to meeting this demand, and we shall tenders than ever before. It may be good news that so apply similar solutions in the future in order to make it many jobs are announced, but it is unfortunate if the proftable to operate the oil and gas felds,” states John fow of tenders is growing just because the jobs are post- Sørensen, who would like to see a better prospect for poned. Several times we have seen clients asking if we the years to come. ■ can prolong our tender, and such a situation, of course, gives an incorrect picture of our amount of potential KEY FIGURES FOR THE RAMBOLL GROUP MIO. DKK 2011 2012 2013 2014 TURN-OVER 6,891.2 7,552.5 7,794.1 8,291.9 RESULT BEFORE TAX (EBITA) 356.0 405.6 389.9 413.2 NUMBER OF EMPLOYEES 9,521 9,759 10,161 10,809 Ramboll Oil & Gas has some 900 employees and in 2014 accounted for 10% of the turn-over. 13 / RAMBOLL FIGHTING IT OUT