Royal Heijmans confidently heading for year-end 2024

Highlights

• Total number of new-build homes sold YTD (through October): Total: 2,284 (2023 YTD: 1,201). Increase mainly from B2C market and due to acquisition of Van Wanrooij (901 homes sold)
• Order book remains high at € 2.7 billion and of good quality
• Approval of Science Based Target initiative (SBTi) for climate targets
• Acquisition of Van Gisbergen completed on 13 September
• Promise ‘Together it’s possible’ launched

Promise

Heijmans launched in early October our new promise ‘Together it’s possible’. This is Heijmans’ response to the major social challenges in the built environment in the Netherlands. The dilemmas our country is facing cannot be solved overnight. They are far-reaching, complex and interconnected. Heijmans wants to stress the importance of not thinking in terms of conflicts and taking an integrated approach to these complex issues. With our corporate strategy ‘Together towards 2030’ and the promise ‘Together it’s possible’, combined with our financial objectives for 2027, Heijmans is setting a clear course for the future. In this strategy, social responsibility, collaboration and financial objectives go hand in hand.

Q3 results 

In the segment Living, the number of homes Heijmans sold increased by 1,083 compared with last year, as Heijmans’ acquisition Van Wanrooij’s suburban home sales are now included and accounted for the lion’s share of the increase. The B2C market picked up strongly, a trend that has continued since Q3 2023. The home sales in the B2B market remained at a similar level to last year, although we did see a shift in sales away from institutional investors to housing associations.

Within Working, the approach of focusing on recurring business is paying off. Such assignments provide long-term security for both Heijmans and the client as a collaboration partner in, for example, the management and maintenance of buildings. In addition, this relationship also means direct insight into any additional project opportunities. Two-thirds of the service company in Working now consists of such assignments. In the coming month, Heijmans will start work on the expansion of the terminal at Eindhoven Airport, including the addition of a new underground luggage handling bay, the largest construction project in the history of Eindhoven Airport. This expansion will lead to greater travel convenience and a more sustainable building through applications such as water reuse and solar energy.

Last quarter, Heijmans’ Connecting segment completed the extensive project to asphalt the A2 motorway between Utrecht (the Oudenrijn junction) and Den Bosch (up to the Everdingen junction). Not only is the A2 an important artery of the Dutch road network, making the effective implementation of this project hugely important, the project was also part of the Dutch Ministry of Public Works and Water Management’s frontrunner approach to sustainable road surfacing. More than sixty percent of the newly laid road surface consists of circular asphalt. In Q3, Heijmans also won a contract to replace tens of thousands of smart meters for Alliander in the east and west of the Netherlands over the next few years.

Sustainability

Heijmans is proud that its climate targets have been approved by the leading Science Based Target initiative (SBTi). This means that Heijmans’ sustainability efforts remain within the ‘Paris’ guidelines (warming <1.5 degrees Celsius). Heijmans wants to be net-zero on the CO2 emissions front by 2040.

It is also good to see that Heijmans’ working methods in the Parijsch district of Culemborg are being emulated nationwide. Hundreds of homes have been and are being realised there, while nature is also receiving a demonstrable boost. On the basis of the motion submitted by MPs Thom van Campen and Laura Bromet and adopted by the House of Representatives, the government is now issuing a guidance to Dutch provinces and municipalities on the use a well-founded assessment method to grant permits for nature-inclusive and climate-adaptive housing projects more quickly.

Calendar 2024 and 2025