Mar 05, 2025 / 09:00AM GMT
Kasper Nilaus - Svitzer Group A/S-Chief Executive Officer
Welcome, everyone, to our webcast presentation for our annual quarter 2024. Today, I will say a few words. And then I will hand it over to Knud Winkler, the CFO of Svitzer and then in the end host a Q&A session. So an opportunity to ask questions. So I think we should just dive into it.
So in general, 2024 was a good year for Svitzer. We achieved a revenue growth of 9% in constant exchange rate and increased our EBITDA margin to 29.9%. So really positive. We also had a positive development in free cash flow and are proposing a dividend payment of DKK8 per share. Overall, it was a very busy year for Svitzer.
As you know, we had a demerger from Maersk and a separate listing. And on top of that, we also implemented a number of new contracts. So we started up operations in new operations in Greece, in Brazil and in Australia. So big contracts coming on stream.
We took delivery of our first TRAnsverse tug. It's a new tug design that we put into operations in the Netherlands, and I'll have
Full Year 2024 Svitzer Group A/S Earnings Call Transcript
Mar 05, 2025
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