Overview results 2000 and First quarter 2001 results By Harrie L.J. Noy Chairman of the Executive Board of ARCADIS NV General Meeting of Shareholders Arnhem,

Overview results 2000 and First quarter 2001 results

By Harrie L.J. Noy Chairman of the Executive Board of ARCADIS NV

General Meeting of Shareholders Arnhem, May 23, 2001

Results full year 2000

ARCADIS on track with new strategyNet income +18% Results in line with strategic goals

Gross revenue•Growth 18% of which 7% autonomous

Operational margin•Operating income +26%•EBIT margin from 6.1 to 6.4%

Net income per share •16% higher at € 1.04

Net income FY 2000: EUR 20.7 mln

Gross revenue

Net revenue

Operating income

Net income

Net income per share

1999

655

460

27.8

17.6

0.90

2000

776

551

35.2

20.7

1.04

Growth

18%

20%

26%

18%

16%

Higher autonomous growth

•Autonomous

•Acquisitions

•Dollar

Gross revenue 2000

7%

6%

6%

Gross revenue Q4

11%

-6%

6%

Operating income 2000

12%

8%

6%

Major developments

•Strategic review

•New financial targets

•Strong autonomous growth in United States

•Solid contribution acquisitions

•Sale of Dutch environmental contracting

activities

•Integration of operations in Germany, United

States, The Netherlands

Development operating income

22.026.2 27.2 27.8

35.2

0.0

5.0

10.0

15.0

20.0

25.0

30.0

35.0

40.0

1996 1997 1998 1999 2000

+19% +4% +2% +26%

Development net income (excl. extraordinary items)

12.714.6 15.5

17.620.7

0.0

5.0

10.0

15.0

20.0

25.0

1996 1997 1998 1999 2000+15% +6% +14% +18%

Cash flow and balance sheet

•Sharp decline in

working capital

•Balance sheet stronger:

solvency to >37%

•Operational cash flow

doubled

0

10

20

30

40

50

60

1998 1999 2000Cash flow Operational cash flow

Gross revenue: Market segments

70

100

130

160

190

1999 2000

Buildings +30%

120

170

220

270

320

1999 2000

Infrastructure +17%

70

120

170

220

1999 2000

Environment +20%

70

90

110

130

150

1999 2000

Communications +18%

Infrastructure +17%

Major projects Netherlands Business parks through PPP

TEA-21 fuels U.S. growth Relocation greenhouses

Environment +20%

MNC program successful

GRiP distinguishing feature Integrated approach

Strong growth in U.S.

Buildings +30%

Olympia stadium Berlin

Acquisition Giffels in U.S. Turnkey projects in Spain

Facility management

Communications +18%

Glass fiber networks, last mile GSM networks

Real estate data Tele hotels

Gross revenue: Regions

100

150

200

250

300

1999 2000

Netherlands consulting +8%

100

110

120

130

140

150

1999 2000

Other Europe +1%

100

150

200

250

300

350

1999 2000

North- and South America +57%

0

20

40

60

80

100

1999 2000

Netherlands contracting -/- 7%

Geographical spread

Netherlands51%

Other Europe

21%North and

South America

28%

Netherlands44%

Other Europe

18%North and

South America

38%

1999 2000

EBITA: Regions

0

5

10

15

20

1999 2000

Netherlands +14%

0

2

4

6

1999 2000

Other Europe +22%

0

5

10

15

1999 2000

North- and South America +50%

Strategic review

Strong position:•Stable growth of revenues and income •Europe top 3 / worldwide no. 9•Strongest international network in the business

However:•Not reflected in share price•Organic growth limited

In short: strategic review

Market developments

•Globalization of clients

•Consolidation in the sector

•Governments pull back

•Industry: outsourcing and vendor reduction

•Changing roles

•Changing labor markets

More focus on value creation•Profitable growth is key

Clients Employees- more added value - project management- expansion services - training &

development- new clients - performance

based pay

Profitable growth

Shareholder value

•More emphasis on organic growth•Focus on existing home markets

Four strategic pillars

Accelerate

profitable growth

Organic growth existing core business

Strong growth in specific segments

Expansion services to industry

Acquisitions

New ambitious goals

1 Growth gross revenue- Autonomous - Acquisitions- Dollar-effect

2 Margin- EBIT/net revenue

3 Growth net income per share

Result 2000

18%7%6%5%

6.4%

16%

1995-1999

13%3%7%3%

19996.1%

8%

New goal

13%1/21/2-

In 20058%

15%

The following conditions apply:

•Excluding the effects of goodwill write-offs

•Excluding changes in exchange rate dollar - euro

•Market conditions show no major changes

•Growth rate in part depends on acquisitions

And : no change in pay-out ratio dividend

Results first quarter 2001 and outlook full year 2001

0

50

100

150

200

2000 2001

Gross revenue +7%

0

2

4

6

8

10

2000 2001

Operating income +10%

0

1

2

3

4

5

2000 2001

Net income +11%

0

50

100

150

2000 2001

Net revenue +10%

Net income 1st quarter 2001: EUR 3.6 mln

Highlights first quarter 2001•The Netherlands:

•Growth in infrastructure•Divestment Dutch environmental contracting activities

•Decline in demand real estate information services

•North- and South-America:•Good order intake infra + environment in U.S.

•Acquisition WSBC generates growth•Buildings, communications weaker•Strong growth Brazil

•Europe:•Healthy organic growth

Outlook market

• Infrastructure market remains good Netherlands: growing investment volume United States: TEA-21 continues Brazil: strong growth power-infrastructure

• Telecommunications grows, but slower Growth in Germany and Spain

• Private sector: stronger tendency outsourcing Opportunity for facility management

• Uncertainty American economy

Outlook 2001

• NL: infrastructure compensates real estate information

• USA: growth in infrastructure and environment• Extraordinary gain approx. EUR 2 million• Net income approx. 10% higher• Premise:

American economy remains level Unforeseen circumstances

• Excluding extraordinary gain and new acquisitions

ARCADIS on track to realize strategic goals

ARCADIS: from engineering firm …

to professional service provider for: infrastructure, environment, buildings and communications

•Broad range of services •Higher in the value chain •More added value •More fixed relationships/ partnerships

•Long term contracts

Realization

Engineering

Design

Fin., Legal, Permitting

Maintain

Project Development

Feasibility Studies

Program Consultancy