Report
Guy Sips

DEME FIRST LOOK : Raising its turnover outlook for FY24

We will update (read increase) our forecast for FY24E as -building on strong 1H24 results- DEME has raised its turnover outlook for the full year and now anticipates revenue growth of around 20% (was before above 10%) with an EBITDA margin comparable to FY23 (18.2%). We already upgrade our rating from Accumulate to Buy.
Underlying
DEME GROUP NV

Provider
KBC Securities
KBC Securities

We are a financial services provider for several types of professional clients, each with distinct needs.

 

Analysts
Guy Sips

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