Brief: Heijmans Reports Higher Revenue And Result In Q1

Koninklijke Heijmans NV

08/05/2020 06:36

May 8 (Reuters) - Heijmans NV  HEIJ.AS :
    * REVENUE AND RESULT IN Q1 HIGHER THAN IN SAME PERIOD 2019
    * Q1 ORDER BOOK REMAINS AT A HEALTHY LEVEL, AT EUR 2.0
BILLION
    * ON CORONAVIRUS: IMPACT COVID-19 LIMITED TO DATE
    * EXPECTED REVENUE FOR 2020 IS LARGELY IN OUR PORTFOLIO
    * CASH POSITION REMAINS STRONG, CREDIT FACILITY AS YET
UNUSED IN
2020
    * IN COMING YEAR, OUR RESULTS WILL ALSO DEPEND ON ECONOMIC
CONSEQUENCES OF COVID-19 PANDEMIC
    * ON CORONAVIRUS: GOVERNMENT WILL HAVE TO TAKE MEASURES TO
LIMIT
IMPACT OF NITROGEN ISSUE, ESPECIALLY ON INFRA SECTOR
    * WE WILL BE ABLE TO REALISE THE EXPECTED REVENUE FOR 2020
IF WE
CAN MAINTAIN CURRENT PRODUCTION LEVELS
    * ON COVID-19: WE CONSIDER MEASURES GOVERNMENT ANNOUNCED
LAST WEEK
AS INSUFFICIENT
    * STRONG FINANCIAL FOUNDATION, PARTLY THANKS TO GOOD
PERFORMANCE
IN Q1 AND COMMITTED CREDIT FACILITY OF € 121 MILLION
    * DESPITE THE FACT THAT WE ARE FACING CHALLENGES IN THE
MARKET, I
REMAIN CONFIDENT - CEO

Source text for Eikon:  ID:nGNE83qqsp 
Further company coverage:  HEIJ.AS 

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