Brief: DEME Says It Remains On Track To Achieve Its Fiscal Year Outlook

DEME NV

22/11/2022 06:07

Nov 22 (Reuters) - DEME Group NV  DEME.BR :
    * 3Q22 TRADING UPDATE
    * OUTLOOK: BASED ON THE 3Q RESULTS, DEME REMAINS ON TRACK TO
ACHIEVE ITS OUTLOOK FOR THE FULL YEAR, WHICH CALLS FOR A 
SLIGHTLY HIGHER TURNOVER THAN IN 2021, EBITDA SIMILAR TO 2021
AND NET RESULTS SLIGHTLY LOWER THAN A YEAR AGO
    * STRONG DEMAND IN ALL SEGMENTS CONTINUED TO FUEL ORDERBOOK
GROWTH
FOR AN INCREASE OF MORE THAN 300 MILLION EURO COMPARED TO JUNE
30, 2022
    * CAPEX FOR THE YEAR STILL TARGETED AROUND 500 MILLION EURO
    * ON A YEAR-TO-DATE BASIS, GROUP TURNOVER GREW 14%, LED BY
OFFSHORE ENERGY AND ENVIRONMENTAL AND SLIGHTLY OFFSET BY SOFTER
GROWTH FOR DREDGING & INFRA

Source text: https://bit.ly/3OrjM5m
Further company coverage:  DEME.BR 
 (Gdansk Newsroom)
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