Boskalis stock price erupts 14% as H1 profit tops estimates

Shares of Boskalis Westmin (AMS: BOKA), the Dutch dredging and heavy-lift company, soared around 14% higher after the company reported that its 2020 core profit matched last year’s reports, therefore topping analysts’ forecasts.  Fundamental analysis: Positive reporting Boskalis, which provides marine construction and maintenance services, reported that its first-half earnings before interest, tax, depreciation, and amortization (EBITDA) came in at 204.1 million euros, easily exceeding the estimated 156 million euros. The Dutch company, which runs operations in more than 90 countries around the world, also topped the full-year EBITDA outlook as it expects to generate 375.8 million euros, higher than