DEME DEME GROUP NV

Trading update Q1 2025: steady first quarter performance and full-year outlook confirmed

Trading update Q1 2025: steady first quarter performance and full-year outlook confirmed

Highlights first quarter 2025

  • Solid start of the year with group turnover at 993 million euros, up 10% compared to 900 million euros a year ago
  • Orderbook remains at a healthy level at 7.6 billion euros, compared to 7.5 billion euros a year ago, excluding orderbook Havfram
  • Management reaffirms guidance for the year for turnover and EBITDA margin at least in line with last year
  • Subsequent to quarter end, DEME has acquired Havfram, a Norwegian offshore wind contractor, supporting DEME’s ambition to expand its footprint in the offshore wind energy market and bolster its competitive edge in turbine and foundation installations.

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EN
14/05/2025

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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)
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  • Mathijs Geerts Danau
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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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