DEME Group NV/€DEME

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About DEME Group NV

DEME Group NV is a Belgian company specializing in offshore energy, dredging, marine infrastructure, and environmental services. Its core activities include maintenance dredging, coastal protection, port construction, land reclamation, offshore wind farm installation, and environmental remediation. Founded in 1991 through the merger of Dredging International and Baggerwerken Decloedt, DEME has nearly 150 years of experience in marine engineering. Headquartered in Zwijndrecht, Belgium, the company operates globally with a fleet of over 100 specialized vessels and a workforce exceeding 5,800 employees. DEME's strategic positioning encompasses concessions in offshore wind, green hydrogen, and deep-sea mineral harvesting, reflecting its commitment to sustainable solutions for global challenges.

Ticker

€DEME

Primary listing

BSE

Employees

5,682

DEME Group NV Metrics

BasicAdvanced
€3.1B
9.67
€12.90
0.76
€2.66
2.13%

Bulls say / Bears say

DEME reported full-year 2024 EBITDA of €764 million, an 18.6% margin, surpassing IBES estimates. Net profit jumped 77% to €288 million and free cash flow reached €729 million, leaving the company with net cash of €91 million at year-end.
Management expects 2025 turnover and EBITDA margin to be at least in line with 2024, signaling confidence in sustained demand and stable profitability, and is planning roughly €300 million in capex before any major fleet expansion.
For 2024, DEME is proposing a gross dividend of €3.8 per share, up from €2.1, reflecting strong cash generation and a commitment to shareholder returns.
DEME's involvement in the Shell-Quadran-DEME consortium for French offshore wind projects is facing major public opposition in France, which puts the timeline and even the viability of these projects at risk.
Costs across the offshore wind sector have increased by 11%-20% in 2022, and in some cases up to 30%, presenting inflationary pressures that may squeeze DEME’s margins on any future projects.
Revenue from the Environmental segment fell 18% year-on-year in Q1 2025, while Dredging & Infra revenues dropped by 8%, pointing to volatility in these business segments due to the timing of projects.
Data summarised monthly by Lightyear AI. Last updated on 7 Sept 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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