Brief: Heijmans Ups Its FY Underlying EBITDA Margin Outlook To Around 7.5%

Koninklijke Heijmans NV

26/07/2024 06:24

July 26 (Reuters) - Koninklijke Heijmans NV  HEIJ.AS :
    * H1 REVENUE RISES TO € 1.217 BILLION (H1 2023: € 937
MILLION)
    * H1 UNDERLYING EBITDA RISES SHARPLY TO € 91 MILLION FROM €
49
MILLION (MARGIN TO 7.5% FROM 5.2%)
    * H1 ORDER BOOK INCREASED TO € 3.0 BILLION FROM € 2.6
BILLION (H1
2023)
    * H1 EARNINGS PER SHARE € 1.39 (H1 2023: €0.77)
    * HEIJMANS REVISES ITS OUTLOOK FOR FY2024 UPWARDS:
UNDERLYING
EBITDA MARGIN TO AROUND 7.5% (WAS AT LEAST 6.5%)
    * 2024 REVENUE OUTLOOK UNCHANGED
    * H1 SOLVENCY 31%
    * UNDERLYING INDICATORS FOR HOUSING MARKET ARE GOOD - CEO

Further company coverage:  HEIJ.AS 

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