Belgium · Delayed Price · Currency is EUR DEME Group NV Earnings Call Transcripts
Fiscal Year 2026
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Record first half results with turnover of EUR 2.2 billion and net profit up 20% year-over-year. Offshore energy and dredging/infra segments drove growth, while a robust order book and strong cash flow support raised 2026 guidance. Profitability expected to remain resilient despite market uncertainties.
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 turnover and profit growth in 2024, with all segments delivering double-digit increases and a record order book. Strong cash flow reversed net debt to net cash, supporting a proposed 81% higher dividend. 2025 outlook expects stable turnover and margins, with robust order book and continued investment in fleet and ESG initiatives.
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Record H1 2024 results with 30% revenue growth, 18% EBITDA margin, and net profit up 370% year-over-year. Order book remains strong at EUR 7.6 billion, supporting a raised full-year revenue outlook of 20% growth and sustained high margins.