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Last updated : 15/09/2026 - 17h35
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DEME Secures Contract for 21 Turbines of 15 MW in Japan

Through its Japanese joint venture Japan Offshore Marine (JOM), DEME has secured a contract for the Oga-Katagami-Akita offshore wind project. The agreement includes engineering works and the chartering of vessels for the offshore installation of 21 turbines.


DEME Secures Contract for 21 Turbines of 15 MW in Japan

Installation of Vestas Turbines in Japan

JOM will proceed with the installation of 21 Vestas V236-15 MW turbines. This marks the first deployment of 15-megawatt turbines in Japan and the first use of this unit capacity outside Europe, excluding China. The contract connects JOM with Oga Katagami Akita Offshore Green Energy LLC and Penta-Ocean Construction Co., Ltd.

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Context

Period
  • Period: S1 2026
Key reported figures
  • Revenue: 2 158 millions d'euros
  • Quarterly revenue: 2 158 millions d'euros
  • Revenue growth: 4,8 %
  • EBITDA: 465,9 millions d'euros
  • EBITDA margin: 21,2 %
  • Net income: 215 millions d'euros
  • 290,9 millions d'euros
Guidance from the release
  • Le management verwacht dat de omzet in 2026 iets hoger zal uitvallen dan in 2025 en dat de EBITDA-marge op hetzelfde niveau zal blijven
Risks mentioned
  • Dépendance à la réalisation future du carnet de commandes de 7,1 milliards d'euros
  • Investissements importants dans l'expansion de la flotte pouvant peser sur la trésorerie
Opportunities identified
  • Carnet de commandes de 7,1 milliards d'euros assurant une bonne visibilité sur les activités futures
  • Mise en service des deux nouveaux navires jack-up Norse Wind et Norse Energi renforçant la capacité
  • Commande d'une nouvelle grande drague suceuse porteuse pour renforcer la flotte de dragage
Outlook / guidance
  • Expected revenue: 4 155 millions d'euros
  • Management commentary: management reaffirms its 2026 guidance which calls for turnover and EBITDA margin to be in line with 2025

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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