DEME DEME GROUP NV

DEME haalt contract binnen voor inter-array kabels en secundaire staalwerken voor Oranjewind Offshore Windpark

DEME haalt contract binnen voor inter-array kabels en secundaire staalwerken voor Oranjewind Offshore Windpark

DEME heeft een substantieel contract binnengehaald voor het transport en de installatie van de inter-array kabels en de secundaire staalwerken voor het OranjeWind offshore windpark in Nederland. Met een geïnstalleerd vermogen van bijna 800 MW wordt het windpark ontwikkeld door een joint venture van de toonaangevende energiebedrijven RWE en TotalEnergies.

 

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EN
24/10/2024

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Reports on DEME GROUP NV

Tijs Hollestelle
  • Tijs Hollestelle

DEME Group/Flush with cash/BUY

DEME's 3Q24 trading update surprised on the upside as the company increased its 2024 revenue guidance for the second time this year. With DEME reiterating its EBITDA margin guidance, we increase our FY24F EBITDA estimate by 12% to €740m. We have not changed our 2025-26 revenue and EBITDA estimates, not because we are worried about end market fundamentals, but rather that this is how DEME's project-based business model works. Most important in our view is that DEME also lowered its capex guidance...

Thijs Berkelder ... (+2)
  • Thijs Berkelder
  • Usama Tariq

ODDO BHF Small & MIDCAP MORNING NEWS - Date1

We initiate coverage of Heijmans, a contractor focused on the Dutch market, with an Outperform rating and a TP of € 36.5 (DCF based). The Dutch residential market is finally recovering, and we believe Heijmans is well-positioned to benefit due to its land bank and property development arm, driving up revenues while EBITDA margins are expected to exceed 8.5% in the Living unit. Heijmans is also benefitting from strong demand from the infrastructure and energy markets, allowing for soli...

Thijs Berkelder ... (+2)
  • Thijs Berkelder
  • Usama Tariq

ODDO BHF Small & MIDCAP MORNING NEWS - 11/14/2024

We initiate coverage of Heijmans, a contractor focused on the Dutch market, with an Outperform rating and a TP of € 36.5 (DCF based). The Dutch residential market is finally recovering, and we believe Heijmans is well-positioned to benefit due to its land bank and property development arm, driving up revenues while EBITDA margins are expected to exceed 8.5% in the Living unit. Heijmans is also benefitting from strong demand from the infrastructure and energy markets, allowing for soli...

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

Agfa-Geveart: Material miss on Healthcare activities. ASML: Long-term guidance confirmed. CVC Capital Partners: Comfortably on track. DEME Group: Raises outlook, lowers capex guidance. Proximus: Pressure on CEO from another possible coalition party. SBM Offshore: Again delivering

Guy Sips ... (+5)
  • Guy Sips
  • Hilde Van Boxstael
  • Lynn Hautekeete
  • Thibault Leneeuw
  • Wim Lewi

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