It's Unlikely That Koninklijke BAM Groep nv's (AMS:BAMNB) CEO Will See A Huge Pay Rise This Year

In This Article:

Key Insights

  • Koninklijke BAM Groep to hold its Annual General Meeting on 10th of April

  • CEO Ruud Joosten's total compensation includes salary of €801.0k

  • Total compensation is 31% above industry average

  • Koninklijke BAM Groep's total shareholder return over the past three years was 73% while its EPS grew by 104% over the past three years

Under the guidance of CEO Ruud Joosten, Koninklijke BAM Groep nv (AMS:BAMNB) has performed reasonably well recently. This is something shareholders will keep in mind as they cast their votes on company resolutions such as executive remuneration in the upcoming AGM on 10th of April. However, some shareholders will still be cautious of paying the CEO excessively.

View our latest analysis for Koninklijke BAM Groep

How Does Total Compensation For Ruud Joosten Compare With Other Companies In The Industry?

At the time of writing, our data shows that Koninklijke BAM Groep nv has a market capitalization of €952m, and reported total annual CEO compensation of €2.1m for the year to December 2023. That's mostly flat as compared to the prior year's compensation. While we always look at total compensation first, our analysis shows that the salary component is less, at €801k.

In comparison with other companies in the the Netherlands Construction industry with market capitalizations ranging from €369m to €1.5b, the reported median CEO total compensation was €1.6m. Accordingly, our analysis reveals that Koninklijke BAM Groep nv pays Ruud Joosten north of the industry median. What's more, Ruud Joosten holds €956k worth of shares in the company in their own name.

Component

2023

2022

Proportion (2023)

Salary

€801k

€772k

38%

Other

€1.3m

€1.3m

62%

Total Compensation

€2.1m

€2.1m

100%

On an industry level, around 49% of total compensation represents salary and 51% is other remuneration. Koninklijke BAM Groep pays a modest slice of remuneration through salary, as compared to the broader industry. If non-salary compensation dominates total pay, it's an indicator that the executive's salary is tied to company performance.

ceo-compensation
ENXTAM:BAMNB CEO Compensation April 4th 2024

Koninklijke BAM Groep nv's Growth

Koninklijke BAM Groep nv has seen its earnings per share (EPS) increase by 104% a year over the past three years. Its revenue is down 5.3% over the previous year.

This demonstrates that the company has been improving recently and is good news for the shareholders. The lack of revenue growth isn't ideal, but it is the bottom line that counts most in business. Looking ahead, you might want to check this free visual report on analyst forecasts for the company's future earnings..