Logotype for Sif Holding N.V.

Sif Holding (SIFG) investor relations material

Sif Holding H1 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Sif Holding N.V.
H1 2025 earnings summary29 Aug, 2025

Executive summary

  • Long-term stability and safety prioritized over short-term profit, with management actions and staff changes addressing performance and ramp-up issues at Maasvlakte 2.

  • H1 2025 revenue increased to €258.2m, with a record contribution margin of €941 per ton and total production of 80 Kton, reflecting a shift to larger, more complex monopiles.

  • Adjusted EBITDA dropped to €12.9m from €26.1m in H1 2024, mainly due to ramp-up costs at Maasvlakte 2, resulting in a net loss of €25.9m.

  • Order book remains robust at 625 Kton, including a 200 Kton exclusive contract for 2027, with strong governmental and customer support.

  • Strategy to accelerate the energy transition in the EU and UK remains unchanged, with a positive medium- to long-term outlook.

Financial highlights

  • Revenues rose 11.7% year-over-year to €258 million in H1 2025, with contribution margin per ton up to €941.

  • Adjusted EBITDA for H1 2025 was €12.9m, down 50% from H1 2024, reflecting ramp-up and startup costs.

  • 2025 adjusted EBITDA guidance reduced to €45m due to delayed ramp-up at Maasvlakte 2.

  • Minimum adjusted EBITDA for 2026 set at €135m, with a target of €160m, contingent on successful ramp-up.

  • Net working capital remained strongly negative at -€181m, reflecting structurally negative working capital requirements.

Outlook and guidance

  • 2025 full-year adjusted EBITDA expected at €45m, with upside possible if ramp-up stabilizes sooner.

  • 2026 minimum EBITDA guidance at €135m, with a target of €160m, depending on ramp-up success.

  • Ramp-up to full production at Maasvlakte 2 now expected in H1 2026, a 6–9 month delay from the original plan.

  • Order book covers production through 2028, providing stability post-ramp-up.

  • Medium- to long-term market outlook remains positive, supported by energy transition ambitions and robust demand.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Sif Holding earnings date

Logotype for Sif Holding N.V.
Q3 2025 TU7 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Sif Holding earnings date

Logotype for Sif Holding N.V.
Q3 2025 TU7 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Sif Holding N.V. is an industrials sector company specializing in the manufacturing and sale of tubular steel foundations primarily for offshore wind farms, as well as various metal structures for the offshore industry. Operating globally with a strong presence in the Netherlands and internationally, the company is organized into three main segments: Wind, Marshalling, and Other. Its product portfolio includes monopiles, parts of metal structures, pipes, pipe structures, and components such as cans and cones, transition pieces, pin piles, jacket legs, and pile sleeves. Sif Holding N.V. also provides logistical area rentals, logistical services to the offshore wind industry, engineering services, and corrosion protection services. The company caters to energy companies, developers, fabricators, and engineering, procurement, construction, and installation contractors. Sif Holding N.V. is headquartered in Roermond, the Netherland and the company's shares are listed on the Euronext Amsterdam.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage