Koninklijke Heijmans N.v. · EURONEXT:HEIJM
Koninklijke Heijmans — Royal Heijmans — FY2025 Earnings Presentation
20 slides from Koninklijke Heijmans's earnings presentation, Feb 13, 2026
Slide 1: Presentation of Annual Results 2025
Present at ion of Annual Result s 2025 Presne Presentation Annual Results 2025. Royal Heijmans N.V. Friday, 13 February 2026
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Royal Heijmans N.V., which is duly responsible for said presentation. The content of this document is provided to you for information purposes only and for use at the presentation that is to be or was held on 13 February 2026. This information may no
Slide 3: Safety
Safety Number of accidents* (incl. subcontracting and replacement work) 2025 2024 2023 Accidents with a significant impact 2.3 0.0 2.3 TRIR figure** (own staff incl. temporary staff) Accidents with a moderate impact 18.5 15.3 19.1 Accidents with a minor impact 60.6 56.4 50.5 10 Total accidents with
Slide 4: 'Together towards 2030' strategy: Focus on business innovation
‘Together towards 2030’ strategy: Focus on business innovation 4
Slide 5: Key financial points
Key financial points Revenue increased to € 2.8 billion Strong increase in return on average capital (FY 2024: € 2.6 billion) employed (ROCE): 27.9% (FY 2024: 19.2%) Underlying EBITDA increased to € 252 Order book increased to € 3,7 billion with million (margin improved from 7.7% to 9.1%) improved q
Slide 6: Results.
Results. 6
Slide 7: Strong and successful year
Strong and successful year Financial results Underlying Share of revenue € million EBITDA 2025 € million 2025 2024 Delta % 30.9% 300 Revenue 2,772 2,584 +7% 9.1% Living Working 250 7.7% (37%) (25%) Underlying EBITDA 252 199 +27% 200 252 6.9% Underlying EBITDA margin 9.1% 7.7% +140bps 150 199 2,772 N
Slide 8: Strong and successful year
Strong and successful year Financial results Underlying Share of revenue € million EBITDA 2025 € million 2025 2024 Delta % 30.9% 300 Revenue 2,772 2,584 +7% 9.1% Living Working 250 7.7% (37%) (25%) Underlying EBITDA 252 199 +27% 200 252 6.9% Underlying EBITDA margin 9.1% 7.7% +140bps 150 199 2,772 N
Slide 9: Highlighted projects in Living
Highlighted projects in Living Local development of INCK Large-scale local development 400 bio-based homes in Eindhoven: Construction ‘Het Leeuwse Veld’ in Beneden- in De Kemmer Oirschot. of 400 apartments. Leeuwen (Whoon). 9
Slide 10: Living: Underlying EBITDA increased
Living: Underlying EBITDA increased Financial results Underlying € million EBITDA € million 2025 2024 Delta % 39.0% 11.1% 120 Revenue (incl. intersegment) 1,012 994 +2% 100 8.9% Underlying EBITDA 112 89 +26% 80 112 7.1% Underlying EBITDA margin 11.1% 8.9% +220bps 60 89 40 Number of homes sold 3,103
Slide 11: Highlighted projects in Working
Highlighted projects in Working Construction of Army Strengthening our position Renovation of ‘De Nieuwe Post’ Technology Centre (TCL) for through the acquisition in Arnhem:circular and future- Ministry of Defence underway in of Hegeman. proof. Leusden. 11
Slide 12: Working: Growth recurring business
Working: Growth recurring business Financial results Underlying Share of revenue € million EBITDA 2025 € million 25.4% 2025 2024 Delta % 60 8.0% Revenue (incl. intersegment) 690 635 +9% 50 7.4% Recurring Projects (70%) (30%) 40 6.6% Underlying EBITDA 55 47 +17% 30 55 47 Underlying EBITDA margin 8.0%
Slide 13: Highlighted projects in Connecting
Highlighted projects in Connecting Opening of factory for rapid Heijmans provides sustainable Buitenveldertbaan renewed production of high-voltage heat supply for new district and Schiphol collaboration installations for TenneT. in Utrecht. continued. 13
Slide 14: Connecting: Strong growth in energy segment
Connecting: Strong growth in energy segment Financial results Underlying Share of revenue € million EBITDA 2025 € million 18.7% 2025 2024 Delta % 8.2% Recurring Projects 100 Revenue (incl. intersegment) 1,121 997 +12% 7.1% (25%) (75%) 80 6.6%* 93 Underlying EBITDA 93 70 +33% 60 70 Underlying EBITDA
Slide 15: Non-financial results
Non-financial results • CSRD Award winner • Strategic and ESG themes fully integrated • All yellow-plate lease cars electrified • AFM and VBDO recognition for biodiversity leadership • Commitment to scaling up biobased building materials • Hemp fibre cultivation expanded to 20 hectares 15
Slide 16: Outlook for 2026.
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Slide 17: Outlook for 2026: Strong financial performance to continue
Outlook for 2026: Strong financial OOK deze m,inder hoog maken performance to continue • Outlook for FY 2026: ✓ Turnover of around € 3.1 billion ✓ Underlying EBITDA margin towards 9.5% • Strong growth in the order book, with improving quality • Capital Markets Day 21 May 17
Slide 18: Appendices.
. Appendices. 18
Slide 19: Our Strategy House
Our Strategy Creators of the House “a healthy living environment. Our yellow heart We are makers. We add something to the world. We always do so with respect for people, animals and nature. We like to help. We take care of each other and make sure things get done. Now and in the future. This is what
Slide 20: Together, it's possible
Together, it’s possible