dcsimg Annual Report - Ramboll Group

Annual Report 2015

For Ramboll, 2015 was a year of good progress on the strategic development of the company, while the downturn in the oil sector and a small number of major project write-downs reduced our profitability. However, Ramboll has improved the underlying profitability and shown strong growth and cash flow. 

A strong platform for future growth

The year began with our biggest acquisition so far. More than 1,500 ENVIRON colleagues with globally recognised competences in the environment, health and water sectors joined the company. Through this strategic move, Ramboll has expanded its global reach, particularly in the target region of North America, where we now have over 1,000 employees.

The integration was a leap forward towards Ramboll’s strategic ambition of becoming a leader in the Environmental sector and building a platform for future international growth based on a significant North American presence.

With close to 2,900 experts now working in newly established Global Practices for Environment & Health and Water, Ramboll has become a top ten environmental consultancy with a global brand and a strong player in the water market.

The establishment of two new Global Practices was followed by the formation of a new Market in Ramboll for Planning & Urban Design. These important developments have made Ramboll’s position as sustainable society consultant even stronger.

Our holistic approach to problem solving and our multidisciplinary offering position us very well to help clients and societies around the world develop successfully and sustainably.

Annual Report 2015 - revenue by market

Financial development

Revenue increased by 24.5% measured in local currencies, and by 27.7% in Danish kroner from DKK 8,292 million in 2014 to DKK 10,589 million.

Net growth from acquisitions and divestments was 23.1%, of which the acquisition of ENVIRON accounted for 21.1%.

Organic growth was 1.5%, as all Principal Business Units with the exception of Management Consulting and particularly Oil & Gas grew organically in 2015. Excluding the Oil & Gas business unit, organic growth was 4.5%. In addition, extraordinary write-downs on four buildings projects had an adverse impact on organic growth of 1%.

The movements in the reporting currency Danish kroner against foreign currencies affected the revenue positively by 3.1%, due to strengthened GBP and USD related currencies, which were only partly offset by weakened NOK and SEK.

Operating profit before goodwill amortisation (EBITA) was DKK 475 million compared to DKK 413 million in 2014, giving an EBITA margin of 4.5%, which was 0.5% lower than in 2014.

Revenue growth

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Front page of Ramboll Annual Report 2015
Annual Report 2015

Read or download the Annual Report 2015 (Issuu web reader)

Annual Report 2015 as PDF (16 MB)

Front page of Ramboll Corporate Responsibility Report 2015
Corporate Responsibility Report 2015

Read or download the Corporate Responsibility Report 2015 (Issuu web reader)

Corporate Responsibility Report 2015 as PDF (8 MB)


Road tunnel in the North Harbour (Nordhavn) district of Copenhagen, Denmark
Press release: Ramboll grows 28% despite difficult market conditions
Read the press release of Ramboll's 2015 annual results here


Major project wins and focus areas

Across all our markets, we have succeeded in continuously winning and delivering inspiring and groundbreaking projects due to the dedicated effort of our employees and fruitful collaboration with our good clients and partners.
Helsinki Central Library
The new Helsinki Central Library is one of the most demanding construction engineering projects in Finland. The building will be an eco-efficient...
District heating system turns Bridgeport into model city for green energy

The implementation of a low-temperature heating and cooling system in Bridgeport, Connecticut, USA, has made the formerly languishing city a...

New campus for Metropolia university of applied sciences in Myllypuro, Helsinki.
Myllypuro campus for Metropolia University of Applied Sciences
Ramboll is acting as a construction consultant for a new campus for Metropolia University of Applied Sciences in Myllypuro, Helsinki.
Ramboll, Dalston Lane. Credit: Regal Homes
Dalston Lane

On course to be the tallest building of its kind, Dalston Lane is a 121 unit residential development in Hackney, UK.  Estimates show that it will...

Vanke Pavilion, Ramboll. Image: Paul Raftery
Vanke Pavilion
Using our unwavering passion for design, the Vanke Pavilion façade that comprised hundreds of ceramic tiles to create this uniquely shaped...
Hammersmith Flyover strenghtening system April 2016. Ramboll
Hammersmith Flyover - Phase 2 refurbishment and strengthening (HFO2)
Prolonging the life of the iconic Hammersmith Flyover, which had been deteriorating due to significant corrosion, is of critical importance to TfL. With...

Visualisation of blue-green environment in dense future city. Photo: EG Architects
Gullbergsvass and Gothenburg’s new RiverCity

Gullbergsvass is one of seven neighbourhoods in central Gothenburg’s port area to be transformed into the attractive new ‘RiverCity’....

Ramboll. Tate Modern extension. Image: Daniel Shearing.
Tate Modern
Officially opened on the 17th June 2016 the new Tate Modern extension is an iconic world-class addition to London’s skyline. The ground...

The Skellefte River in Sweden
New treatment plant in Skellefteå, Sweden
Ramboll is the lead consultant on a comprehensive project on establishing of a new treatment plant in the city of Skellefteå which ensures...
Hong Kong
Shatin to Central Link
The North South Line Cross Harbour Tunnel is a 1.7 km immersed tunnel crossing the Victoria harbour in Hong Kong. Ramboll undertakes the role to be the...

Culzean field
Three jacket designs for the Culzean ultra-HP/HT field
The Culzean field was discovered in 2008 and is one of the largest fields in the British North Sea. Ramboll is providing detailed design of three jacket...
Makkah, Saudi Arabia
Makkah District Cooling

A new mega district cooling project will make future pilgrimage to the sacred city of Makkah more comfortable for the many pilgrims who visit the Saudi...

Participants in Public Sector Leadership course
Public Sector Leadership – Improving the public sector
Ramboll conducted three editions of a tailor-made course in Public Sector Leadership on behalf of Danida Fellowship Centre. The overall objective of the...
Port of Fujairah
Fujairah 2040 Master Plan - Port Review

Ramboll is preparing a Master Plan for the Emirate of Fujairah (UAE). The Port of Fujairah includes one of the world’s largest oil terminals, and...

Biomass conversion & lifetime extension of Avedøre Unit 1
In 2016, DONG Energy’s Avedøre Power Plant Unit 1 will deliver green heat and power to the citizens of Copenhagen. Besides a bio-conversion...
Light rail
Light rail as enabler for urban development
The future light rail connection along the ring road ‘Ring 3’ just west of Copenhagen not only promotes a more coherent city infrastructure....

Singapore Skyline
Urban resilience study for Asian Development Bank

The Asia Pacific region is a major contributor to greenhouse gas emissions worldwide, and at the same time the region is increasingly exposed to the...

Construction site
Improving accommodation at Danish construction sites
The Danish Working Environment Authority wanted to secure better accommodation for workers in the construction industry in Denmark. Ramboll identified...

Doha Metro Green Line Underground
As part of an ambitious plan to develop a railway based public transport in Doha, Qatar Railways Rail has appointed a Joint Venture comprising PORR, the...
Creating opportunities – labour market integration enables social participation for mothers with a migration background
In Germany, just under a million mothers with a migration background are unemployed – approximately half of all migrant mothers living in Germany...


Michael Rosenvold
Michael Rosenvold
Group Chief Financial Officer
T+45 5161 1000
CEO Jens-Peter Saul
Jens-Peter Saul
Group Chief Executive Officer
T+45 5161 1000