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DEME: New Offshore Contracts And Brazil Entry Will Drive Long-Term Upside

Update shared on 29 Nov 2025

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1Y
-4.1%
7D
1.6%

Analysts have adjusted their price target for DEME Group, maintaining it at €176.67. Recent assessments show only marginal changes in revenue growth and profit margin forecasts.

What's in the News

  • DEME secured Brazil's first concession for a port access channel by partnering in the Canal Galheta Dredging Consortium to operate, maintain, and expand access to the Port of Parana for 25 years (Key Developments).
  • DEME won a contract for transport and installation works of inter-array cables at the Nordseecluster B offshore wind farm in Germany, a project led by RWE and Norges Bank Investment Management (Key Developments).
  • Through its joint venture CDWE, DEME will manage the transport and installation of foundations, offshore substation, and scour protection for the Formosa 4 offshore wind farm in Taiwan (Key Developments).
  • DEME is expanding its subsea cable installation capacity by adding a new Offshore Construction Vessel. This vessel will enable advanced trenching, burial, and cable-laying operations for the offshore wind market (Key Developments).
  • DEME signed a contract as part of the Lekensemble consortium to reinforce a key Dutch dike between Wijk bij Duurstede and Amerongen as part of the Dutch Flood Protection Program (Key Developments).

Valuation Changes

  • Consensus Analyst Price Target remained unchanged at €176.67.
  • Discount Rate has risen slightly from 8.63% to 8.73%.
  • Revenue Growth forecast has fallen modestly from 2.23% to 2.13%.
  • Net Profit Margin estimate is nearly unchanged, moving from 7.02% to 7.02%.
  • Future P/E ratio has edged higher from 17.54x to 17.64x.

Disclaimer

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