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4-Traders Homepage  >  Equities  >  Euronext Amsterdam  >  Heijmans    HEIJM   NL0009269109


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HEIJMANS : Building contract signed with Meander Medisch Centrum

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05/12/2010 | 04:40pm CEST

On Wednesday 12 May, Meander Medisch Centrum signed a building contract with the
executing parties for the construction of Meander Medisch Centrum's new hospital
in Amersfoort, the Netherlands. Construction will start this summer and will be
realized by Heijmans Utiliteitsbouw BV, Ballast Nedam Bouw Speciale Projecten
and Burgers Ergon. The hospital along the Maatweg road replaces the two existing
sites: Amersfoort Lichtenberg and Amersfoort Elisabeth. The new hospital will go
into operation in 2013.

The building contract is the follow up to the settlement agreement signed on 13
January 2010. The contract value is EUR 181.1 million. A consortium comprising the
Rabobank, ING and BNG is prepared to finance the new development.

The new hospital
In the new hospital, Meander Medisch Centrum will be able to receive its
patients and visitors in a comfortable and customer-friendly environment.
Patients and visitors will have a direct view of the green surroundings and the
Eem River. The hospital has been designed such that it is easy for patients and
visitors to find their way. It consists of different building elements: a wing
for intensive care, such as emergency assistance, operating rooms and research
departments, a hotel wing that houses the nursing departments and a policlinic
for visiting hours. The buildings are linked via an extensive roofed-in public
area. A psychiatric centre will be developed on the side of the Eem. A parking
level with sufficient parking spaces will be built under the hospital.
Sustainability is a key principle in the construction of the new hospital. The
new development will provide Meander Medisch Centrum with even greater
opportunities for expanding its status as an expert top clinical teaching

The hospital's design was developed by Atelier PRO architects in The Hague.
Aronsohn in Rotterdam is the principal engineer. Heijmans Utiliteitsbouw BV was
selected for the complete hospital and is responsible for its realization.
Burgers Ergon has been involved since the beginning as a subsidiary. It is
responsible for detailing the design, engineering and realization of the
complete building installations. To construct the hospital, Heijmans has set up
a general partnership that in addition to Heijmans Utiliteitsbouw BV and Burgers
Ergon also includes Ballast Nedam Bouw Speciale Projecten, each with a one third
interest. This provides for an optimal integral approach and bundling of
knowledge. The total surface area of the new Meander Medisch Centrum is 113,000
m(2) GFA (gross floor area), including the parking level under the building.

For additional information:
Lonneke Wijnhoven
Tel: +31 73 543 54 80
Details from this press release are not to be used for marketing purposes


Press release: http://hugin.info/130707/R/1415380/366622.pdf

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Financials (€)
Sales 2017 1 715 M
EBIT 2017 23,1 M
Net income 2017 36,3 M
Debt 2017 15,3 M
Yield 2017 4,87%
P/E ratio 2017 5,25
P/E ratio 2018 8,22
EV / Sales 2017 0,10x
EV / Sales 2018 0,08x
Capitalization 152 M
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Mean consensus HOLD
Number of Analysts 5
Average target price 7,08 €
Spread / Average Target -0,02%
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L. J. T. van der Els Chief Executive Officer
Andries Arij Olijslager Chairman-Supervisory Board
Mark C. van den Biggelaar Chief Financial Officer
Sjoerd van Keulen Member-Supervisory Board
Pamela Gertrude Boumeester Member-Supervisory Board
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