Brief: Heijmans Q1 Order Book Increases To EUR 2.2 Billion

Koninklijke Heijmans NV

29/04/2022 06:26

April 29 (Reuters) - Heijmans NV  HEIJ.AS :
    * ROBUST REVENUE AND UNDERLYING EBITDA IN Q1
    * Q1 ORDER BOOK INCREASES TO € 2.2 BILLION (COMPARED WITH €
2.1
BILLION END 2021)
    * REITERATING OUTLOOK FOR THE FULL YEAR, ALBEIT UNDER
INCREASED
UNCERTAINTY DUE TO THE CURRENT GEOPOLITICAL AND MACROECONOMIC
CHALLENGES
    * 631 HOMES SOLD THROUGH TO APRIL 2022 (755 IN SAME PERIOD
2021)
    * Q1 WAS IN LINE WITH THE PREVIOUSLY ISSUED OUTLOOK FOR FY
2022 OF
FLAT UNDERLYING EBITDA ON SLIGHTLY HIGHER REVENUE
    * INCREASED VOLATILITY AND HIGHER PURCHASING PRICES RESULT
IN
HIGHER UNCERTAINTY
    * EARLY REPAYMENT OF ALL OUTSTANDING CUMULATIVE PREFERENCE
SHARES
B (€ 16 MILLION)
    * APART FROM THE PARTIAL RELEASE OF THE PROVISION FOR
WINTRACK II,
HEIJMANS IS REITERATING THIS OUTLOOK FOR THE FY
    * BALANCE SHEET RATIOS AND CASH POSITION ARE STRONG AND OUR 
ORDER
BOOK CONTINUED TO INCREASE OVER Q1

Source text: https://bit.ly/3vrBpu4
Further company coverage:  HEIJ.AS 

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