Belgium · Delayed Price · Currency is EUR DEME Group NV Earnings Call Transcripts
Fiscal Year 2025
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Record turnover and profitability achieved in 2025, driven by strong offshore energy performance and the strategic Havfram acquisition. Order book remains healthy, with robust guidance for 2026 and an 18% dividend increase proposed.
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Record H1 2025 profitability driven by offshore energy, with EBITDA up 35% and net profit up 27% year-over-year. Order book remains strong at EUR 7.5 billion, and management expects full-year turnover and margins to at least match 2024, supported by robust tendering and recent strategic acquisitions.
Fiscal Year 2024
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Record 2024 results with 25% turnover growth, 77% net profit surge, and a record €8.2B order book. All segments delivered double-digit growth, with Offshore Energy leading. 2025 guidance expects similar strong performance, supported by robust cash flow and a solid balance sheet.
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Record H1 2024 results with 30% revenue growth, 55% higher EBITDA, and net profit up to EUR 141 million. Order book remains strong at EUR 7.6 billion, and full-year revenue growth outlook is raised to 20%, with high vessel utilization and robust segment performance.