Economic Growth and ability for positive change
Economic Growth
Our ability as a business to effect lasting positive change in society relies on our continued financial success. Given the Covid-19 crisis, we are pleased with our financial performance. While the financial results of 2020 show an organic revenue decline, the operating margin increased and our order portfolio is at similar levels to the previous year. Our operational result included significant operational expenditures in relation to our strategy, such as the launch of our Digital Business Line, the acquisition of Novius in the Netherlands and the growing of our business with Integrated Transport Planning in the United Kingdom. The positive result was driven by significant cost savings, especially on travel and accommodation during the pandemic. We ended the year with a net cash position and a healthy financial position.