Daldrup & Söhne (4DS) Q2 2024 TU earnings summary

Executive summary

• Achieved preliminary Group EBIT of approximately EUR 3 million for H1 2024, reflecting strong operational performance.

• EBIT margin reached 10.3% in the first half of 2024, driven by robust drilling business and favorable market conditions.

Financial highlights

• EBIT margin of 10.3% for H1 2024, based on preliminary, unaudited figures.

• Group EBIT for H1 2024 is around EUR 3 million.

Outlook and guidance

• Annual total output forecast raised to approximately EUR 50 million, up from EUR 47 million.

• EBIT margin guidance for 2024 increased to 7%–9%, previously 5%–7%.