Achieving our ambitions

We have made positive progress in reaching our Stronger25 targets. We are on track to meet our financial ambitions and raised our operating income ambition to €750 million by 2025.

In 2023, we made good progress on reducing costs as percentage of our operating income. We focused on simplifying our business processes without impacting our control over the quality and reliability of our work. Substantial savings resulted from rationalising our corporate group activities.

We continued to integrate previous acquisitions such as our supply chain consultancy Districon into our business. We also strengthened our portfolio of businesses as we took a minority share in Hungary-based architecture and engineering company Studio IN-EX. This enabled us to extend our frontrunner position in the development of data centres and other mission critical facilities. 

In 2023, our Canada and US-based consultancy firm InterVISTAS became an employee-owned company following a buyout from Royal HaskoningDHV on March 1, 2023. Collaboration between our organisations will continue on strategic projects.

Early 2024, our South African entity formally became a local company, majority owned by management and employees. Local ownership strengthens the black ownership recognition rating and creates the flexibility to focus on local profitable market segments that are off strategy for Royal HaskoningDHV. We will continue to collaborate, especially on the global leading markets.

Early 2024, we sold our stake in Singapore-based Hydroinformatics Institute (H2i) to Pluvia, giving the weather-tech startup full ownership of H2i’s climate-tech product business. We will continue to work together as trusted partners.