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Koninklijke Heijmans N.V.

Koninklijke Heijmans N.V.

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Publicatie datum 26 feb 2015 - 07:22
Statutaire naam Koninklijke Heijmans N.V.
Titel Heijmans full year results: poor 2nd half year 2014, order book and housing market offer good prospects
Bericht 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%.