The heavy-lift specialist posted a net profit of 253 million euros ($), down 3% from 261 million euros in 2011.
Earnings before interest and taxes also fell by 4.8% to 337 million euros. Boskalis attributed this operating result to a lower contribution from its Dredging sector, which suffered a lower volume of work with the conclusion of large projects in the Netherlands and Australia, as well as from its Inland Infra business.
However,
