Trading update Q1 2025: steady first quarter performance and full-year outlook confirmed

Highlights first quarter 2025

• Solid start of the year with group turnover at 993 million euros, up 10% compared to 900 million euros a year ago
• Orderbook remains at a healthy level at 7.6 billion euros, compared to 7.5 billion euros a year ago, excluding orderbook Havfram
• Management reaffirms guidance for the year for turnover and EBITDA margin at least in line with last year
• Subsequent to quarter end, DEME has acquired Havfram, a Norwegian offshore wind contractor, supporting DEME’s ambition to expand its footprint in the offshore wind energy market and bolster its competitive edge in turbine and foundation installations.

Attachment

• P2025 DEME Trading update Q1 2025 ENG