DEME DEME GROUP NV

Full year results: Outstanding 2024 - strong increases in turnover and profit, positive net cash, unmatched orderbook

Full year results: Outstanding 2024 - strong increases in turnover and profit, positive net cash, unmatched orderbook

Highlights financial year 2024

  • Orderbook stands at 8.2 billion euro at the end of the year, up from 7.6 billion euro a year ago
  • Group turnover grew 25% year-over-year to 4.1 billion euro, with solid growth in all contracting segments
  • EBITDA rose 28% reaching 764 million euro, or 18.6% of turnover, up from 596 million euro, or 18.2% of turnover for 2023
  • Net profit increased by 77%, reaching 288 million euro, compared to 163 million euro a year ago
  • Unprecedented free cash flow generation in 2024, amounting to 729 million euro; resulting in a net cash position of 91 million euro at year-end from a net financial debt of 512 million euro at the end of 2023
  • Proposal for a gross dividend of 3.8 euro per share, compared to 2.1 euro a year ago



Attachment



EN
26/02/2025

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Reports on DEME GROUP NV

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

Aalberts: In-line FY25, but low quality / AMG: 4Q25 beat by 7%; in-line 2026 guidance / Bekaert: In-line 2025, cautious outlook for 2026 to result in c.8% consensus cut / CMB.TECH: A small bit beat but not the full story / Corbion: Dividend sweetener / CTP: Q4 results lighter due to some delays; stronger 2026 outlook / DEME: Strong FY25 numbers and FY26 outlook / Elia Group: Preview FY25 results / SBM Offshore: Another step-up in shareholder return / Syensqo: Substantial miss in 4Q25; FY26 outlo...

Guy Sips ... (+8)
  • Guy Sips
  • Hilde Van Boxstael
  • Jacob Mekhael
  • Kristof Samoy
  • Livio Luyten
  • Mathijs Geerts Danau
  • Wim Hoste
  • Wim Lewi

Morning Notes : ARGX BB, BEKB BB, CRBN NA, CMBT BB, SEQUA BB, SOF BB, ...

: ARGX BB, BEKB BB, CRBN NA, CMBT BB, SEQUA BB, SOF BB, UCB BB, SHUR BB, CTPNV NA, DEME BB, SYENS BB

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