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DEME: 1Q2023 Trading Update Press Release: increase in offshore energy sector outweighs decrease in dredging sector

Posted on May 17, 2023

HIGHLIGHTS FIRST QUARTER 2023

Orderbook reached a new record level of 1 billion euro fueled by sizeable wins for Offshore Energy and Dredging & Infra.

Group turnover for the first quarter was 2 million euro, an increase of 9% compared to the first quarter of last year.

Management reaffirms guidance for the year of higher revenues than 2022 and an EBITDA margin comparable to 2022.

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