DEME Group (DEME) Investor Presentation summary

Strategic positioning and business overview

• Global marine solutions provider with 150 years of experience, operating in over 90 countries and employing 5,800+ professionals.

• Market leader in offshore energy, dredging & infra, environmental, and concessions, with a diversified and technologically advanced fleet.

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

• Offshore energy and dredging & infra segments account for over 90% of turnover.

• Strong order book and robust balance sheet underpin continued expansion.

Segment performance and key projects

• Offshore energy: Record order book, 37% revenue growth in 2024, major projects in Europe, US, and APAC, and 87% EBITDA growth.

• Dredging & infra: 22% turnover growth in 2024, healthy order intake, and high vessel utilization; key projects include Oosterweel, Princess Elisabeth Island, and Fehmarnbelt Tunnel.

• Environmental: 11% turnover growth in 2024, stable order book, and 13% EBITDA margin; focus on remediation, high water protection, and innovative treatment solutions.

• Concessions: Recurring income from six portfolio projects, advancing in offshore wind, green hydrogen, and deep-sea harvesting.

Financial highlights and outlook

• FY24: Order book at €8.2bn (+8%), turnover at €4.1bn (+25%), EBITDA at €764m (18.6% margin), net profit at €288m.

• 1H25: Order book at €7.5bn, turnover at €2.1bn (+10%), EBITDA at €464m (21.9% margin), net profit at €179m (+27% y-o-y).

• Strong free cash flow and shift from net debt to net cash position; CapEx declined in line with guidance.

• 3Q25: Turnover surpassed €3bn YTD, order book at €7.5bn, full-year turnover expected at least in line with 2024, EBITDA margin guidance 20–22%.