Koninklijke Heijmans Earnings Call Transcripts
Fiscal Year 2025
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2025 saw strong revenue and profit growth, with all segments contributing and a robust order book. Outlook for 2026 is positive, targeting higher margins and continued selective growth, while challenges persist in housing policy and infrastructure investment.
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Revenue and profit surged in H1 2025, with all segments contributing and margins improving. Upwardly revised guidance targets a 9% EBITDA margin for the year, supported by a strong order book and robust market demand.
Fiscal Year 2024
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Revenue grew 22% to EUR 2.6 billion, with all divisions achieving strong margins and net profit up 50% to EUR 90 million. Order book remains robust at EUR 2.8 billion, and 2025 guidance targets at least 8% EBITDA margin. Housing, energy transition, and recurring business drive growth.
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Revenue grew 30% year-over-year to €1.2 billion, with underlying EBITDA margin rising to 7.5%. Net profit more than doubled, and the order book reached €3 billion. 2024 EBITDA margin guidance was raised to 7.5%, with a net cash position expected by early 2025.