DEME Group NV · EURONEXT:DEME
DEME Group NV — Shareholder Meeting (May 2023)
24 slides from DEME Group NV's shareholder meeting presentation, May 17, 2023
Slide 1: Gewone Algemene Vergadering DEME Group NV
Gewone Algemene Vergadering DEME Group NV 17 mei 2023 Luc Bertrand - Voorzitter Raad van Bestuur Luc Vandenbulcke – CEO Els Verbraecken - CFO
Slide 2: Agenda
Agenda I. Welkomstwoord II. Bespreking agendapunten, inclusief • retrospect 2022 • 1Q23 update • vragen en antwoorden III. Slotwoord DEME — 2
Slide 3: Retrospect 2022
Retrospect 2022
Slide 4: Executive Summary – 2022 was a momentous year
Executive Summary – “2022 was a momentous year” A publicly listed company now All time high orderbook & turnover Against the backdrop of geopolitical tensions, rising inflation, ... DEME performed well Profitability stable with 2021 Capital expenditure increase reflecting further expansion Many indu
Slide 5: FY22 – Key Financial Highlights
FY22 – Key Financial Highlights (in million EUR) 2022 2021 2020 Record high orderbook & turnover Orderbook 6,190 5,905 4,500 y-o-y(in 1H22 million EUR) growth +5% FY21 1H21 EBITDA and EBIT up slightly includes liquidated damages Turn ov Turnovere1r 1,292 2,655 2,5112,511 1,063 2,196 y-o-yYOYro gwth
Slide 6: FY22 – CAPEX
FY22 – CAPEX Continued investments in technologically-advanced fleet Evolution of CAPEX1 484 441 435 282 202 2018 2019 2020 2021 2022 (in million EUR) CAPEX Highlights Revolutionary offshore installations vessel ‘Orion’ joined the fleet in 2Q22 Purchase of a bulk carrier, being converted into a DP f
Slide 7: FY22 – Group Orderbook
FY22 – Group Orderbook Orderbook increase due to healthy market demand and positioning Orderbook Geographic breakdown Orderbook run off indicates a at all-time high 2022 vs 2021 promising future 6,190 25% 62% 27% 5,905 13% 4,500 2021 6% 24% 7% 2022 26% 13% 37% 2020 2021 2022 Offshore Energy Dredging
Slide 8: ESG 2022
Milestone projects in the transition to clean energy: • ESG 2022 Offshore wind @ Saint-Nazaire (France) and RWE’s Kaskasi; Securing the rights to develop two 1GW projects in Scotland; Update on progress Initiatives @ Port-La-Nouvelle, including a strategic hub for offshore wind • Frontrunning on the
Slide 9: Outlook
Outlook Management is confident about DEME’s long term growth prospects and expects for the next few years ... A gradual increase in EBITDA MARGIN TURNOVER to vary but to stay between 16% to 20% For 2023 ... taking into account present market conditions, current orderbook and fleet capacity, managem
Slide 10: FY22 – Segments
FY22 – Segments Complementary segments result in diversified sources of income OFFSHORE DREDGING ENVIRONMENTAL CONCESSIONS ENERGY & INFRA SINCE (in million EUR) 2022 2021 2022 2021 2022 2021 (in million EUR) START Turnover1 958 916 1,524 1,478 206 166 Value of projects c. 6,000 YOY growth +5% +3% +2
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Slide 12: Offshore Energy – Key Projects 2022
Offshore Energy Key Projects 2022 A ORION ARCADIS OST 1 (257 MW) • DP3 floating installation 28 XXL monopiles foundations vessel Largest monopiles foundations ever installed; • 5,000-ton lifting weighing more than 2,000 tonnes capacity C D B A SAINT-NAZAIRE B (480 MW) 80 XL monopile foundations Indu
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Slide 14: Dredging & Infra – Key Projects 2022
Dredging & Infra Key Projects 2022 A D A FEHMARNBELT ABU QIR PORT FIXED LINK EXPANSION Longest immersed road and rail Expansion of Egyptian Abu- tunnel in the world, connecting Qir port A Denmark with Germany Period: 2021-2024 E Period: 2021-2029 B C B E D LEIXõES ŚWINOUJŚCIE- F Deepening works in h
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Slide 16: Environmental – Key Projects 2022
Environmental Key Projects 2022 Soil remediation and brownfield development A B BLUE GATE FORMER OIL TERMINAL Converting historically heavily polluted Turning oil-polluted former oil terminal into B brownfield site into sustainable business residential plot for houses. 150,000 tonnes park of soil tr
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Slide 18: Concessions
Global Sea Mineral Resources Concessions • Progressing considerately the research into the possibility of Net result collecting polymetallic nodules • Strategic cooperation with (in million EUR) 2022 2021 Transocean whereby Transocean contributes ultra-deepwater drilling vessel and makes a cash inve
Slide 19: 1Q23 - Update
1Q23 - Update
Slide 20: 1Q23 - Orderbook reached € 7.1 bn; Total turnover increased 9%
1Q23 - Orderbook reached € 7.1 bn ; Total turnover increased 9% led by Offshore Energy Orderbook record high; boosted by Offshore Energy and Dredging & Infra (in million EUR) 1Q23 4Q22 3Q22 2Q22 1Q22 Offshore Energy - Vesterhav (DK), Dogger Bank (UK) & Zhong Neng (TW) and Hinkley power Orderbook 7,0
Slide 21: Vragen en antwoorden
Vragen en antwoorden
Slide 22: III. Slotwoord
III. Slotwoord
Slide 23: Thank You
THANK YOU For more information vanden.bussche.carl@deme-group.com
Slide 24: Disclaimer
Disclaimer The Information and any opinions contained therein are provided as at the date of the presentation and are subject to change without notice. In giving this presentation, DEME does not undertake any obligation to provide the recipient with access to any additional information or to update