Picture of Koninklijke Heijmans NV logo

HEIJM Koninklijke Heijmans NV News Story

0.000.00%
nl flag iconLast trade - 00:00
IndustrialsAdventurousLarge CapHigh Flyer

Heijmans hits almost 20-year-high after 'comforting' Q1 update

May 8 (Reuters) - ** Dutch construction company Heijmans HEIJ.AS rises nearly 4% as its Q1 trading update reassures investors, with FY revenue and profit margin guidance maintained

** Q1 order backlog stood at 4.1 billion euros ($4.82 billion), above ING expectations, with all three business units in line with management targets

** ING describes the update as "comforting" and broadly in line with expectations

** Broker notes that raw material and energy price volatility linked to the Middle East is manageable and has had no impact on existing projects

** Including today's rise, the stock has gained 38.24 % YTD

** The share price of EUR 93.1 as of 0906 GMT is the highest since September 2007

($1 = 0.8514 euros)

 (Reporting by Jerome Terroy)

 ((jerome.terroy@thomsonreuters.com))

Recent news on Koninklijke Heijmans NV

See all news