Financial highlights

Sif Group navigated a challenging 2024 with resilience. Although revenue and profitability temporarily declined, a strong order book confirms the growth potential for the coming years. With improved safety performance and a clear strategic direction, Sif continues to build sustainable value for its shareholders. 

Key Figures 2024 

• Contribution (revenue): €146.5 million 
• Adjusted EBITDA: €38.4 million 
• Profit after tax: €1.2 million 
• Earnings per share (EPS): €(0.04) 
• Net working capital (year-end): €(178.5) million 
• Cash position (year-end): €113.8 million 
• Adjusted ROACE: 57.7% 
• Production volume: 158 kilotonnes 
• Contribution to offshore wind capacity: 1,297 MW 
• LTIF (injuries per million hours worked): 0.78