AMSTERDAM 22.05.2025

We are pleased to update on Team EIFFEL’s Q1 2025 results and to provide an overview of our performance, strategic initiatives, and key accomplishments. In Q1 2025 we continue to perceive headwinds in Team EIFFEL’s end markets.

During the first quarter we continued to execute several strategic initiatives aimed at strengthening our internal organization as well as expanding our market position. Notably, we successfully renewed several key framework contracts in Legal & Finance services for large municipalities for the next 4 years. In addition, we won the largest financial services tender for the central government. We continue to aim to diversify our portfolio and drive sustainable growth.

Team EIFFEL further enhanced its senior management team in recent months with the recruitment of a post-merger Integration Manager, a new Chief HR Officer and a Managing Director for the Engineering & Project Management Division. We continue to invest in our commercial program to boost the sales capabilities.

Looking ahead, we remain committed to our strategic priorities, including (i) accelerate growth in the Netherlands through increased penetration of private sector and public sector clients, (ii) optimize operating model and improve margin performance, (iii) strengthen and improve efficiency in the commercial organization and (iv) evolve capabilities and develop new offerings.

We look forward to sharing more updates on Team EIFFEL as we progress through the rest of 2025. Team EIFFEL’s Q2 results will be released in August 2025.

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