Royal Heijmans positive on the first half of 2026

Royal Heijmans positive on the first half of 2026

Highlights H1 2026

• Revenue rises to € 1.517 billion (H1 2025: € 1.310 billion).
• Underlying EBIT increases to € 104 million; margin 6.9% (H1 2025: € 82 million; margin 6.3%).
• Order book increased to € 4.1 billion (H1 2025: € 3.0 billion) and of good quality.
• Number of homes sold declines: 1,506 (H1 2025: 1,634 homes).
• Net cash position: € 51 million (H1 2025: net debt € 40 million).
• Increased financial flexibility thanks to the renewal of the Revolving Credit Facility and an accordion clause for potential acquisitions.
• Outlook for 2026 remains in line with previous guidance; the margin is now presented on an EBIT basis. Revenue of around € 3.1 billion; underlying EBIT-margin heading towards 7.3%.

Ton Hillen, Heijmans CEO

"Royal Heijmans is positive about the first half of the year, given the increased profitability and growth in revenue. We are seeing growth in the energy sector, especially within the Connecting business segment. Heijmans is playing an active role in the renewal and expansion of the high-voltage grid in the Netherlands. This is not only necessary to prevent grid congestion, as the Netherlands cannot afford an infrastructure policy that is forced to respond to one incident after another. Neither underground nor above ground. The maintenance challenge is too big, too important and too closely intertwined with our country's future.

I would like to express my confidence in the government, the Dutch public works agency Rijkswaterstaat and the approach that prioritises safety and urgency. At the same time, we must be honest: the fact that such tough prioritisation is required shows that the Netherlands is structurally under-investing in its infrastructure. Yet this infrastructure is the lifeblood that provides the Netherlands with the oxygen it needs to remain safe and accessible and to generate economic growth. The choice now is between investing in large-scale maintenance or carrying out much more expensive repairs later. This is partly due to future labour shortages. And partly because we know that we will not suddenly be able to resolve everything later on. The maintenance challenge requires a structurally adequate budget, smart prioritisation and close cooperation between the government and the private sector. The effective coordination of planning, capacity, funding and innovation has never been more important if the Netherlands is to make sure the maintenance challenge remains manageable. Together, it is possible."

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