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.

Attachment



EN
14/05/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on DEME GROUP NV

Thijs Berkelder
  • Thijs Berkelder
Guy Sips
  • Guy Sips

DEME Saltchuk takes peer Great Lakes Dredge & Dock private for $1.2bn ...

Saltchuk a privately held US group active in freight transport, marine services and energy distribution, has agreed to acquire Great Lakes Dredge & Dock Corp (GLDD), an US offshore energy and dredging contractor often viewed as a peer to DEME due to its similar infrastructure-focused marine activities. The deal values Great Lakes at $1.2bn equity and $1.5bn transaction value, with Saltchuk offering US$17.00 per share in cash—a 25% premium to the company's 90-day VWAP and above its all-time hig...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch