Heijmans shares at over 16-yr highs on 'rock solid' FY, outlook

** Shares in Dutch construction services company Heijmans HEIJM rise 10%, to their highest since September 2008, after better-than-expected FY

** FY "beats on every single line item," ING says

** "We expect the stock to trade higher on today's rock solid earnings release and positive 2025 outlook statement," adds broker

** Heijmans expects 2025 revenue of 2.75 billion euros ($2.88 billion) on the back of a further increase in home sales, the current high quality order book and growth in the recurring business in the Non-residential and Infrastructure divisions

** Group sold 3,181 homes in 2024, up 23% YoY

** "All three operating divisions performed strongly throughout 2024, this while Dutch construction market conditions have been challenging," says ING

($1 = 0.9551 euros)