Brief: Heijmans FY Net Profit Up At 40 Million Euros

Koninklijke Heijmans NV

12/02/2021 06:52

Feb 12 (Reuters) - Heijmans NV  HEIJ.AS :
    * REG-HEIJMANS: STRONG FINANCIAL RESULTS IN 2020
    * NET RESULT 2020 HIGHER AT EUR 40 MILLION;
    * END-FY ORDER BOOK AT EUR 1.9 BILLION
    * DIVIDEND PROPOSAL EUR 0.73 PER SHARE (PAY-OUT RATIO 40%);
    * OUTLOOK 2021: SLIGHTLY LOWER REVENUE, PROFIT AT LEAST AT
SAME
LEVEL
    * FY REVENUE AND UNDERLYING EBITDA INCREASE BY 9%
    * FY REVENUE EUR 1.75 BILLION VERSUS EUR 1.60 BILLION YEAR
AGO
    * FY NET PROFIT EUR 40 MILLION VERSUS EUR 30 MILLION YEAR
AGO
    * FY UNDERLYING EBITDA ALSO IMPROVED BY 9% TO € 85 MILLION
IN 2020
(2019: € 78 MILLION)
    * ONGOING NITROGEN EMISSIONS PROBLEM AND THE COVID-19 CRISIS
HAVE
CREATED A LITTLE MORE UNCERTAINTY ABOUT CLIENTS' SPENDING
PATTERNS
    * OUTLOOK IN OUR SECTORS REMAINS GOOD
    * DEMAND FOR RETAIL AND OFFICE SPACE IS EXPECTED TO DECLINE
IN THE
COMING YEARS
    * DEMAND FOR HOUSING AND MORE SUSTAINABLE SOLUTIONS IS ONLY
INCREASING
    * OUTLOOK FOR THE MAINTENANCE MARKET IS ALSO GOOD,
SPECIFICALLY IN
INFRA

Source text for Eikon:  ID:nGNE1WwR8l 
Further company coverage:  HEIJ.AS 

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