Full year results: Outstanding 2024 - strong increases in turnover and profit, positive net cash, unmatched orderbook

DEME Group NV

133.60 EUR -0.15%

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Highlights financial year 2024

• Orderbook stands at 8.2 billion euro at the end of the year, up from 7.6 billion euro a year ago
• Group turnover grew 25% year-over-year to 4.1 billion euro, with solid growth in all contracting segments
• EBITDA rose 28% reaching 764 million euro, or 18.6% of turnover, up from 596 million euro, or 18.2% of turnover for 2023
• Net profit increased by 77%, reaching 288 million euro, compared to 163 million euro a year ago
• Unprecedented free cash flow generation in 2024, amounting to 729 million euro; resulting in a net cash position of 91 million euro at year-end from a net financial debt of 512 million euro at the end of 2023
• Proposal for a gross dividend of 3.8 euro per share, compared to 2.1 euro a year ago

Attachment

• P2025 DEME 2024 results ENG