Damen Shipyards Group’s net profit rose to €15m in 2022, compared with €1m in 2021.
Earnings before interest, tax, depreciation and amortisation (EBITDA) remained roughly the same in 2022 at €85m (€81.5m in 2021).
Damen’s order book continues to be “well filled” thanks to strong order intake across all divisions, particularly from offshore wind, for which five divisions received orders.
These include two vessels from the new generation of service operation vessels developed by Damen for this sector, which are partly powered by hydrogen.
CEO Arnout Damen (pictured) said: “So we are looking to the future with considerable confidence.
“Demand remains strong in virtually every market where we operate.
“We expect the rising trend in terms of financial results that we began in 2020 to continue in 2023.”
Damen operates 35 shipyards and 20 other businesses in 20 countries, with the support of a global sales and service network.
Damen Shipyards Group provides direct employment for a workforce of more than 12,000.