HALF YEAR RESULTS 2021
Headlines first half 2021
Headlines first half 2021
REVENUE € 1,629.9 mio
+9.3% (1HY2020)
NET INCOME
Share of the group
€ 42.6 mio
+407.1%(1HY2020)
1HY2021
NET
FINANCIAL € 722.8 mio
DEBT € 601.4 mio (FY2020)
ORDER BOOK
€ 6,262.2 mio
+3.5% (FY2020)
HALF YEAR RESULTS 2021 - Analyst presentation | 3 |
Headlines first half 2021
- Solid increase of revenue both at DEME and CFE Contracting
- EBITDA back to the 1HY2019 level at € 206.5 million
- EBITDA increases by € 46.7 million compared to 1HY2020 which included capital gain on disposal of the Merkur offshore wind farm (€ 63.9 million)
- A fivefold increase of net result at € 42.3 million
- Record order book at more than € 6.3 billion
HALF YEAR RESULTS 2021 - Analyst presentation | 4 |
Outlook
CFE expects a substantial increase in revenue in 2021 to a level close to that of 2019. Its net result is also expected to increase significantly in 2021, without yet attaining the pre-covid level.
CFE Contracting expects an | 100% |
increase in revenue and net | |
result in 2021. |
100%
100%
BPI's net result is expected to decrease slightly in 2021 but should nevertheless remain on a high level.
Thanks to a well-filled order book, DEME should realise a substantial increase in revenue and net result in 2021.
HALF YEAR RESULTS 2021 - Analyst presentation | 5 |
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CFE - Compagnie d'Entreprises SA published this content on 31 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 August 2021 05:21:02 UTC.