DEME Group (DEME) Investor Presentation summary

Strategic positioning and business overview

• Over 150 years of marine contracting leadership, with a robust balance sheet and a workforce of 5,800+ professionals operating in more than 90 countries.

• Four main segments: Offshore Energy (47% of turnover), Dredging & Infra (45%), Environmental (8%), and Concessions, each with market-leading positions and specialized fleets.

• Growth driven by global trends such as urbanization, climate change, and increasing maritime trade.

• Technological leadership with continuous fleet investments, including advanced vessels like Orion, Green Jade, and Yellowstone.

Segment performance and key projects

• Offshore Energy: Record orderbook, 37% revenue growth in 2024, 87% EBITDA increase, and high vessel utilization; major projects in Europe, US, and APAC.

• Dredging & Infra: 22% turnover growth in 2024, 20% EBITDA growth, and a healthy orderbook; key projects include Oosterweel, Fehmarnbelt Tunnel, and Princess Elisabeth Island.

• Environmental: 11% turnover growth in 2024, 13% EBITDA margin, and stable orderbook; focus on soil remediation, sediment treatment, and flood protection.

• Concessions: Recurring income from six operational projects and eight in the pipeline, with activities in offshore wind, green hydrogen, and deep-sea harvesting.

Financial highlights and capital allocation

• FY24: Orderbook at €8.2bn (+8%), turnover at €4.1bn (+25%), EBITDA at €764m (18.6% margin), net profit at €288m, and net financial cash position of €91m.

• 1H25: Orderbook stable at €7.5bn, turnover up 10% to €2.1bn, EBITDA up 35% to €464m, and net profit up 27% to €179m.

• CapEx declined to €286m in 2024, with continued investments in fleet upgrades and new vessels.

• Free cash flow improved significantly, supporting a strong balance sheet and dividend growth.