Outlook 2025
The 12-month backlog declined modestly by 3.3% compared to March 2024, reflecting current market dynamics. Even though our business operations are not directly impacted by US trade tariffs, current related developments are leading to increased market uncertainty.
By implementing measures to safeguard our profitability, we remain confident that we will deliver within our mid-term EBIT margin target range of 11-15% for the full year. We will continuously monitor market developments and reassess the full-year revenue outlook when greater economic and market clarity materialises.
Even with the current headwinds, we remain fully committed to executing our strategy Towards Full Potential. Fundamentals in our core market segments remain strong, and we continue to see growing opportunities in emerging areas such as critical minerals and surveillance of critical underwater infrastructure; areas in which we are well-positioned to lead.
Mid-term targets 2027
We have defined a set of ambitious mid-term financial targets, centred around profitability and cash flow generation.
Good governance
We’re committed to integrity, transparency, accountability, and proper supervision.