Heijmans N.V.

Reg strong performance DES pite market challenges. expected revenue, underlying ebitda in 2020 at least equal to 2019. h1 order book remains healthy at 2.0 billion. h1 revenue and underlying ebitda more than 10% higher than last year. impact covid 19 effectively absorbed in h1, uncertain impact in the medium term. revenue came in at 839 million in the first half of 2020, an increase of 15% compared to last year ( first half 2019 730 million). h1 home sales comparable with 2019. we have a well filled order book and i am confident about the future ceo. net debt stood at 43 million at end june 2020 ( end june 2019 99 million).. our medium term prospects will depend on the speed of economic recovery ceo. the impact of the virus on our business operations remains uncertain. h1 underlying ebitda eur 41 million versus eur 36 million year ago. h1 result after taxes eur 15 million versus eur 15 million year ago. strong cash position, credit facility unused. cash and cash equivalents ytd june eur 89 million versus eur 49 million year ago.

Heijmans wins government contract for large scale maintenance on a79 motorway. work will start in november 2020 and will be completed in DEC ember 2021. project in southern part of province of limburg represents a value of around eur 24 million.

Rotterdam chooses heijmans for construction of 226 new homes. project, with a value of around eur 70 million. expects to start construction on a total of 226 homes in late 2021 or early 2022.

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. DES pite the fact that we are facing challenges in the market, i remain confident ceo.

Heijmans prepares for possible impact covid 19 withdraws dividend proposal. heijmans cannot therefore provide an outlook for remainder of year. covid 19 we simply do not have sufficient insight into how long and to what extent covid 19 virus will have an impact on our company. to date, revenue and results have been in line with expectations. order book also remains at a good level and we have not yet used committed bank facility this year. outlook for 2020 in terms of revenue and results is extremely uncertain at moment.

Heijmans nv completion of previously contracted 151 rental homes in oostenburg is planned for end of 2020 ( corrects to remove reference to contract announced on march 12). heijmans nv construction of 190 homes is expected to start in the second quarter of 2021. reg heijmans and stadgenoot 190 rental homes in oostenburg, amsterdam. heijmans nv heijmans and stadgenoot housing association have signed a partnership agreement for construction of rental homes in oostenburg, amsterdam. heijmans nv says this includes 160 studio homes for young people and 30 social rental homes for senior citizens. project is valued at more than eur 20 million. heijmans nv project is valued at more than eur 20 million.

Fy revenue eur 1.60 billion versus eur 1.58 billion year ago. strong rise in profit in 2019, resumes dividend pay out. fy underlying ebitda rises by 26% to eur 54 million. outlook 2020 comparable level to 2019. fy net profit 50% higher at eur 30 million in 2019 (2018 eur 20 million). heijmans resumes dividend pay out at eur 0.28 per share. we are concerned about infra sector in longer term around 2021. fy order book increases by more than eur 100 million to eur 2.1 billion. outlook 2020 comparable level to 2019.

Permission of netherlands authority for consumers and markets ( acm) for joint venture asphalt plants heijmans and bam. heijmans and bam will detail their plans for the new asphalt company in the coming period.