Report
DEME Group : Fleet expansion > jump in order book > 2024 & 2025 performance boost
>Expansion capex cycle of > € 1.2bn to boost CFFO by > 50% to € 600+m - Having finalised a 2019-2023 expansion capex cycle of > € 1.2bn, thereby expanding its fleet with next generation offshore wind foundation installation vessels ”Orion” and “Green Jade”, cable installation vessel “Viking Neptun”, mega cutter “Spartacus” and rock placement vessel “Yellowstone”, and upgraded cranes for turbine installation vessels “Sea Installer” and “Sea Voyager”, DEME now is ready ...
Underlying
DEME GROUP NV
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Thijs Berkelder
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