Jan De Nul Group has recorded a record turnover of €2.9bn in 2023, according to the latest figures released by the Belgian maritime services provider.
This led to an increase in EBITDA with 39% to €610m or 21% on turnover, globally resulting in a strong profit of €296m.
These growth figures were achieved in a balanced manner through various innovative projects and reflect the operational efficiency of the teams across all divisions, said the company. The results come despite the current economic and geopolitical turmoil in several parts of the world.
2023 also marked Jan De Nul’s latest offshore installation vessels Les Alizés and Voltaire being deployed on their first projects and the company ordered an innovative, XL cable-laying vessel, the Fleeming Jenkin.
Looking forward, Jan De Nul Group said it started 2024 with an unprecedentedly high order book of €8.9bn, an increase of 38% compared to last year. These projects are again well spread across all divisions of the group, it said.
77% of Jan De Nul Group’s turnover for 2023 was achieved by its maritime divisions.
Jack-up installation vessel Voltaire is transporting and installing 277 turbines for the Dogger Bank A, B and C offshore wind farms, while heavy lift vessel Les Alizés is performing the transport and installation of 107 foundations and an offshore substation in Germany for the Gode Wind 3 and Borkum Riffgrund 3 sites.
During the summer, a 33kV-interconnector cable was installed in the Pentland Firth seaway, between the Orkney-island of Hoy and the Scottish mainland. Where necessary, the cable was buried by the company’s trencher Swordfish or protected by rock bags installed by multipurpose vessel Adhémar de Saint-Venant.