Heijmans realises profit in difficult market
(Thomson Reuters ONE) -
Dividend resumed
· 2010 net result of ? 16 million (2009: ? 40 million loss), 2nd
halfyear net result x of ? 12 million compared to ? 3 million in the 2nd half of
2009;
· Operating result from continued operations 2nd half ? 36 million,
mainly due to good results from Infrastructure;
· Autonomous revenue decline levelled off from 14% in the first half of
the year to 9% in 2nd half of 2010;
· Total number of houses sold in the Netherlands increased to 1,505 in
2010 (2009: 1,283);
· Solvency improved to 33% (2009: 27%);
· Order book at the end of 2010 at ? 2,188 million (vs. ? 2,314 million
at the end of 2009); and
· Proposed dividend for 2010 is ? 0.35 per share payable in either cash
or shares.
()
Gerrit Witzel, Chairman of the Heijmans Executive Board:
'Despite a declining market and nearly three months of frost in the past year,
we have performed well. After completing the restructuring we now work more
efficiently, with much better internal cooperation, and a good response to the
market demand for price and quality.
With the disposal of Leadbitter in the UK and a number of Belgian property
development projects, the major divestment goals have been achieved. In 2011, we
will continue to focus on sustainability, quality and profitability. We aim to
have a leading position in these fields.'
About Heijmans
Heijmans is a listed company that combines operations in property development,
residential building, non-residential building, installation engineering and
infrastructure. Heijmans operates in the Netherlands, Belgium, and Germany. We
create added value for our customers by focusing on quality improvement,
integrated projects, sustainability and profitability. Heijmans realises
projects for home buyers, companies and government authorities. With
approximately 8,200 employees and revenue of ? 2.7 billion in 2010, we are
building the spatial contours of tomorrow. For more information, please see
www.heijmans.nl.
For more information:
Press:
Lonneke Wijnhoven
+31 73 543 52 17
lwijnhoven(at)heijmans.nl
Analysts:
Frank Heerens
+31 73 543 52 17
fheerens(at)heijmans.nl
The Executive Board will explain the published results for 2010 during a press
conference and analysts meeting today, 2 March 2011. The Analysts Meeting starts
at 12:30 p.m. and can be followed live via an audio webcast at www.heijmans.nl.
This press has also been issued in Dutch. In the event of any discrepancies
between the original Dutch press release and this English translation, the Dutch
version prevails.
Full press release:
http://hugin.info/130707/R/1493679/429452.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Heijmans NV via Thomson Reuters ONE
[HUG#1493679]
Unternehmensinformation / Kurzprofil:
Datum: 02.03.2011 - 07:39 Uhr
Sprache: Deutsch
News-ID 52044
Anzahl Zeichen: 3596
contact information:
Town:
Rosmalen
Kategorie:
Business News
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"Heijmans realises profit in difficult market"
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