6.21 Earnings per share

Basic earnings per ordinary share

In 2023, earnings after tax per weighted average share amounted to € 2.40 (2022: € 2.57). The calculation is based on the result after tax attributable to the holders of ordinary shares or depositary receipts for ordinary shares and the weighted average number of ordinary shares that were outstanding during 2023.

Result attributable to holders of ordinary shares (all operations)

x € 1,000

2023

2022

Result attributable to holders of ordinary shares after tax

59,733

59,580

Weighted average number of ordinary shares

In thousands of shares

2023

2022

Ordinary shares outstanding on 1 January

23,553

22,760

Effect of share issue in May 2023/ 2022

568

463

Effect of share issue in September 2023

812

-

Weighted average number of ordinary shares at 31 December

24,933

23,264

Diluted weighted average number of shares

In thousands of shares

2023

2022

Weighted average number of ordinary shares at 31 December

24,933

23,223

Dilution effect related to the award of deferred bonus shares under the Bonus Investment Share Matching Plan.

24

26

Weighted average number of ordinary shares at 31 December after dilution effects

24,957

23,249

The calculation of earnings after tax per ordinary share in 2023 is based on the weighted average number of ordinary shares during the year, which was 24,933 thousand. The calculation of diluted earnings after tax per ordinary share takes into account the dilution related to the award of 24 thousand deferred bonus shares under the Bonus Investment Share Matching Plan (see note 6.29).

Dividend distributed per ordinary share in the financial year

In 2023, Heijmans paid out a dividend of € 1.01 per share (2022: € 0.88).