The Dutch Council of State today ruled that the generic building exemption is null and void. Although this is obviously a setback, the decision by the Council of State was not unexpected for Heijmans and we were prepared for it.

Heijmans therefore reiterates its outlook for this year and next year, as published this morning in a trading update. Irrevocable permits stand, so projects currently under construction will continue.

New residential building projects are still possible, provided the nitrogen emissions remains within the legal limits and this is demonstrated using AERIUS calculations. Heijmans has already had AERIUS calculations made of the construction phase for almost all of the projects under its own development. Heijmans therefore believes that any delays can be kept to a minimum.

Heijmans expects larger infrastructure projects to experience limited additional disruption, as a result of the expiry of the construction exemption. Heijmans also sees opportunities to continue to reduce nitrogen emissions during the construction phase by using electric equipment.

Share this news
Contact us
Leon Willems Woordvoerder
lwillems1@heijmans.nl
0681012965
Guido Peters Manager Investor Relations
gpeters@heijmans.nl
https://www.linkedin.com/pub/guido-peters/4/90a/138
+31 73543548
Read more Heijmans-news
Story
Five questions for Robert KoolenGreener growth
News
Heijmans reiterates revenue and result forecast for 20222 November 2022
News
Heijmans well positioned in current market
Half year results 2022:29 July 2022
News
Heijmans on track in challenging market conditions29 April 2022
Story
Timber as the driver of a circular economyTime for change
News
Resolutions of the General Meeting of Shareholders Heijmans N.V.12 April 2022

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Heijmans NV published this content on 02 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2022 13:34:03 UTC.