DEME Group (DEME) Investor Presentation summary

Strategic positioning and business overview

• Operates as a global leader in offshore energy, dredging, marine infrastructure, and environmental solutions, with a diversified and de-risked portfolio supported by nearly 150 years of experience.

• Maintains one of the largest and most technologically advanced fleets, enabling execution of complex projects worldwide.

• ESG and safety are central to operations, with a strong focus on sustainability and innovation.

• Financial profile is underpinned by a healthy balance sheet and successful diversification across segments.

Financial performance highlights 1H24

• Orderbook at €7.6 billion, sustaining peak levels; turnover up 30% year-over-year to €1.9 billion.

• EBITDA rose 55% to €345 million, with margin improving to 18%; net profit surged to €141 million.

• Free cash flow reached €278 million, halving net financial debt to €352 million.

• CapEx decreased year-over-year, reflecting lower investment intensity but included key fleet additions.

Segment performance and market dynamics

• Offshore Energy turnover grew 37%, driven by strong demand, new contracts, and high fleet utilization.

• Dredging & Infra turnover increased 39%, with robust project execution and high activity levels.

• Environmental segment turnover rose 22%, supported by long-term remediation and flood protection projects.

• Concessions contributed €11 million to net profit, with active projects in offshore wind, infra, green hydrogen, and deep-sea harvesting.