Brief: DEME FY Net Profit Lowers To EUR 113 Mln

DEME NV

27/02/2023 06:28

Feb 27 (Reuters) - DEME Group NV  DEME.BR :
    * FY ORDERBOOK IS RECORD STRONG AT EUR 6,190 MILLION, UP 5%
COMPARED TO LAST
    * FY EBITDA AMOUNTED TO EUR 474 MILLION, OR 17.9% OF SALES,
UP
FROM EUR +469 MILLION IN 2021
    * FY NET PROFIT WAS 113 MILLION EURO COMPARED TO EUR 115
MILLION A
YEAR AGO
    * PROPOSAL FOR A GROSS DIVIDEND OF 1.5 EURO PER SHARE
    * FY CAPITAL EXPENDITURE AMOUNTED TO EUR 484 MILLION,
COMPARED TO
282 MILLION EURO IN 2021, REFLECTING FURTHER EXPANSION OF DEME’S
FLEET
    * FY GROUP TURNOVER GREW 6% YEAR-OVER-YEAR TO EUR 2,655
MILLION,
WITH GROWTH IN ALL SEGMENTS
    * FOR 2023 AND TAKING INTO ACCOUNT PRESENT MARKET
CONDITIONS,
CURRENT ORDERBOOK AND FLEET CAPACITY, MANAGEMENT EXPECTS
REVENUES TO BE HIGHER THAN IN 2022 WITH AN EBITDA MARGIN
COMPARABLE TO 2022
    * CAPITAL EXPENDITURE TO SUPPORT THE GROWTH IS ANTICIPATED
TO BE
AROUND EURO 500 MILLION FOR 2023

Source text: [https://bit.ly/3kwohkE]
Further company coverage:  DEME.BR 

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