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Deme Group NV (XBRU:DEME) Gross Profit : €1,146 Mil (TTM As of Dec. 2023)


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What is Deme Group NV Gross Profit?

Deme Group NV's gross profit for the six months ended in Dec. 2023 was €622 Mil. Deme Group NV's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €1,146 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Deme Group NV's gross profit for the six months ended in Dec. 2023 was €622 Mil. Deme Group NV's Revenue for the six months ended in Dec. 2023 was €1,810 Mil. Therefore, Deme Group NV's Gross Margin % for the quarter that ended in Dec. 2023 was 34.38%.

Deme Group NV had a gross margin of 34.38% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of Deme Group NV was 39.68%. The lowest was 32.05%. And the median was 34.95%.


Deme Group NV Gross Profit Historical Data

The historical data trend for Deme Group NV's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Deme Group NV Gross Profit Chart

Deme Group NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 877.57 713.03 934.98 950.11 1,146.46

Deme Group NV Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 514.24 440.12 509.99 524.10 622.36

Competitive Comparison of Deme Group NV's Gross Profit

For the Engineering & Construction subindustry, Deme Group NV's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Deme Group NV's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Deme Group NV's Gross Profit distribution charts can be found below:

* The bar in red indicates where Deme Group NV's Gross Profit falls into.



Deme Group NV Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Deme Group NV's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=3285.422 - 2138.962
=1,146

Deme Group NV's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1810.039 - 1187.675
=622

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €1,146 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Deme Group NV's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=622 / 1810.039
=34.38 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Deme Group NV  (XBRU:DEME) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Deme Group NV had a gross margin of 34.38% for the quarter that ended in Dec. 2023 => Competition eroding margins


Deme Group NV Gross Profit Related Terms

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Deme Group NV (XBRU:DEME) Business Description

Traded in Other Exchanges
Address
Scheldedijk 30, Haven 1025, Zwijndrecht, BEL, 2070
Deme Group NV Is a provider of dredging and construction services intended to cater to the renewable energy industries and environmental works. The company provides engineering and contracting services globally in the offshore renewables and non-renewables sectors and performs a wide variety of dredging activities and offers solutions for soil remediation and brownfield redevelopment, as well as environmental dredging and sediment treatment, thereby serving its clients.

Deme Group NV (XBRU:DEME) Headlines

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