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DEME and DEAG report strong H1 2026 financial results
DEME reported its strongest first-half performance of 2026, with group turnover reaching €2.2 billion, a 2% increase from the previous year. Net profit rose by 20% to €215 million. The company maintains an orderbook of €7.1 billion and is proceeding with strategic fleet expansions, including new jackup transport and installation vessels.
DEAG Deutsche Entertainment AG also reported strong results for the first half of 2026, with revenue of €157.4 million, slightly exceeding the previous year. The company has focused on a buy-and-build strategy, including acquiring a majority stake in the ‘Juicy Beats’ music festival and increasing its stake in ‘Airbeat One’ to 75%. DEAG is also investing in digitalization, automation, and AI-supported event management solutions.