Key figures

Key figures	2013 ¹	2014	2015	2016 ²	2017	2018	2019	2020	2021	2022
Result
in € millions
Revenue	2,001	1,868	1,979	1,884	1,487	1,579	1,600	1,746	1,748	1,812
Underlying EBITDA ⁴	47	11	14	-47	31	43	78	85	106	126
Operating result	11.9	-63.5	-29	-94	45.3	22.6	29.2	55.7	55.2	70.9
Result after tax	1.9	-47.3	-27.3	-110.5	19.5	20.5	30.1	40.1	50.3	59.6
Capital
in € millions
Assets	1,203	1,205	1,190	1,056	771	776	898	931	991	1,083
Average invested capital	423	372	318	293	202	161	196	240	250	245
Equity capital	313	259	266	142	162	149	178	226	268	317
Net debt	66	31	10	146	-14	-31	30	-37	-91	-151
Cash flow
in € millions
Operating	-10	46	10	-68	21	27	42	128	109	110
Investment	-3	-10	-9	-22	91	-10	4	-33	-32	-17
Financing	8	-23	51	43	-116	-3	-26	-29	-42	-66
Cash flow	-5	13	52	-47	-4	14	20	66	35	27
Ratios
in %
Return on average capital	2.8	-17.1	-9.1	-32.1	22.5	14.1	14.8	23.2	22.1	28.9
Result after tax:
- as % of equity	0.6	-18.3	-10.2	-77.8	12	13.8	16.9	17.7	18.8	18.8
- as % of revenue	0.1	-2.5	-1.4	-5.9	1.3	1.3	1.9	2.3	2.9	3.3
Solvency rate based on guarantee capital	31.5%	27.0%	26.1%	17.7%	26.8%	25.0%	24.8%	28.8%	30.1%	29.3%
No. of shares
x 1.000
At year-end	19,349	19,461	21,407	21,407	21,409	21,409	21,409	21,933	22,760	23,553
Average	18,111	19,420	20,661	21,407	21,408	21,409	21,409	21,715	22,415	23,223


Data per share³
x € 1
Equity	17.28	13.34	12.87	6.63	7.57	6.96	8.31	10.41	11.96	13.65
Operating result	0.66	-3.27	-1.4	-4.39	2.12	1.06	1.35	2.56	2.46	3.05
Result after tax	0.1	-2.44	-1.32	-5.16	0.91	0.96	1.4	1.85	2.24	2.57
Dividend	0.15	-	-	-	-	-	-	0.73	0.88	1.01
Share price information
x € 1
At year-end	10.51	8.95	8.18	5.52	9.71	8	7.5	9.33	14.9	10.12
High price	10.78	14.2	13.36	9.2	10.87	12.92	11.52	9.67	15.4	15.70
Low price	6.85	7.83	5.77	4.59	6.02	7.44	7.12	4.47	9.26	9.19
Other data
Order book (* in € millions)	1,643	2,287	2,094	1,863	1,898	2,014	2,124	1,946	2,061	2,358
Employees (average number of FTEs) ⁵	7,617	7,198	6,808	6,412	4,520	4,483	4,565	4,678	4,706	4,815

After revision due to change in system joint arrangements.
The figures in the income statement cover all operations (incl. discontinued operations). Balance sheet figures are before reclassification of sold entities to assets held for sale excluding total assets. Net debt and the order book are after reclassification of sold entities to assets held for sale.
Data per share are expressed relative to the weighted average number of ordinary shares. Dividend per share is based on the number of ordinary shares at year-end.
Underlying EBITDA is the operating result before depreciation and amortisation, including the EBITDA from joint ventures, excluding property impairments, reorganisation costs, book results on the sale of entities and other non-operating results designated as exceptional by the group. As a result of the introduction of IFRS 16 'Leases', there has been a shift from operating expenses to depreciation. In addition, part of the operating costs has been shifted to finance costs. As a result, underlying EBITDA increased by € 24 million in 2019, the first year of IFRS 16 adoption.
Of the total number of employees, around 14.2% are women, 13.7% work part time and 97.8% have an open-ended contract. In addition, Heijmans hired around 585 FTEs in 2022, while the use of temporary staff increased by around 20%. The data are from the HR system (SAP and Workday).

Financial key figures

Revenue (in € mln.)

Order book (in € mln.)

Operational result (in € mln.)

Operational margin (in %)

Underlying EBITDA (in € mln.)

Underlying EBITDA margin (in %)

Result after taxes (in € mln.)

Net margin (in %)

Average invested capital (in € mln.)

Return on average invested capital (in %)

Equity (in € mln.)

Solvency on the basis guarantee equity (in %)

Non-financial key figures

Average number of employees (in FTEs)

Absenteeism (in %)

CO₂ emissions scope 1+2 *

Total amount of waste materials (in tonnes) *

Number of accidents (incl. subcontractors)

*We do not have data going back 10 years for any these key figures: we report on the years for which data are available. Any definition changes in the reported period are explained in more detail in the KPI table in the appendices.
**In 2022, CO₂emissions are reported excluding the divested asphalt plants.

Working in engineering

Getting young people excited about a career in engineering is important to us. A lot of parents want their children to study, but many young people prefer to work with their hands. For example, they want to design systems or technical installations, or make them themselves. This is a tangible result you can be proud of, and we can certainly guarantee you’ll always have plenty of work. At Heijmans, young employees are given every opportunity to learn and grow. To bring technology to the attention of children and young people, we like to work with educational institutions in secondary and higher vocational education and all kinds of other partners. This is how Heijmans hopes to kindle the flame for technology in an ever-growing group of children and young people. Because a technical education is a guarantee of a good job and a good future.

Watch the video 'Werken in de techniek is leuk' (Dutch version only)