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DEME: Full year results 2023 – Transcript webcast

Posted on March 4, 2024

Carl Vanden Bussche: Good morning, ladies and gentlemen. I am Carl Vanden Bussche, Head of Investor Relations for DEME, and it is my pleasure to welcome you to DEME’s Full-Year 2023 Analyst and Investor Earnings Call. We’re really pleased to see a diverse group of analysts and investors from various countries participating in today’s conference call and our webcast. Joining me today are Luc Vandenbulcke, DEME’s CEO, and Els Verbraecken, DEME’s CFO. Both Luc and Els will take you through the presentation on our full-year results. The presentation will be visible on screen during the webcast and is also accessible on DEME’s investor portal, which has been available since early this morning.

On the agenda displayed on slide two, Luc will open up with an Exec summary after which both Els and Luc will provide extra colour on the group results, the segment performance, and some words on DEME’s progress in the ESG domain. To then wrap up with the outlook, after the presentation we will open up for a Q&A round where you will have the opportunity to ask questions to our management. That’s it for the introduction. I give the floor now to Luc who will kick it off from slide three onwards.

Luc Vandenbulcke: Good morning to everybody. I think this slide; we are structured around four distinct segments, which are outlined on this slide. We have offshore energy, dredging and infra, environmental, and concessions. And based on the 2023 turnover, offshore energy was good for 44% of the group turnover, dredging and infra, as you can see, 47%, and environmental 9%. And you know of course that our concession segment, unlike the contracting segments, does not contribute on the top line but contributes on the net profit line.


FY2023 Results – Transcript Webcast

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