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Koninklijke Heijmans N.V.

Koninklijke Heijmans N.V.

Below you will find information from the register publication of inside information. The information has been provided by the organisation.

Registration date 26 feb 2015 - 07:22
Statutory name Koninklijke Heijmans N.V.
Title Heijmans full year results: poor 2nd half year 2014, order book and housing market offer good prospects
Comments Challenging market requires continuous improvement and innovation Key developments Underlying operating result: € 12 million negative (2013: operating result of € 23 million positive); revenues decrease to € 1.9 billion (2013: € 2.0 billion); Net result for 2014 € 47 million negative after write down on property assets and reorganisation costs (2013: net profit of € 2 million); Good results from Belgian activities. Property Development and Residential Building show improved result. Disappointing result at Roads and Civil (Infra Netherlands) partly due to unexpected negative outcome in arbitration procedure; except for arbitration case results in line with trading update Q3 2014; Reorganisations at Non-Residential, Civil and Oevermann on schedule, 350 jobs involved; Number of homes sold up 25% (2014: 1,347, from 1,082 in 2013); Order book at year-end 2014 up strongly at around € 2.3 billion (€ 1.6 billion at year-end 2013); strong order intake in PPP and infra projects; Solvency solid at 27%.