Heijmans issues earnings warning

Construction group Heijmans expects its building division to perform less well than expected this year as a knock-on effect of heavy contract pricing pressure in 2005.

The unit has also been hit by unexpected costs for risk management. The division’s full year net earnings are set to reach €6m compared with €23m a year ago.

Thank you for donating to DutchNews.nl.

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation