Updated: Boels reports on financial impact of pandemic

Murray Pollok Managing Editor, IRN & Director of Content, KHL

09 July 2021

Boels Rental has reported revenues of €1.2 billion in 2020 – doubling because of the addition of Cramo – and said the pandemic had a “limited” impact on revenues.

EBITDA profits were €401.7 million, after adjustment for one-off gains and losses on the acquisition of Cramo and Covid-19 cost reduction measures. Boels completed the Cramo acquisition in February 2020.

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