IHC Merwede Reports € 1.7 Billion Order Book

IHC Merwede increased its order book in 2013 across the main sectors of its business: offshore and dredging. The company received almost € 1.8 billion worth of new orders in the past year. At the end of 2013 the order book was valued at over € 1.7 billion which is the equivalent of a backlog of approximately two years.

IHC Merwede develops and builds innovative vessels advanced equipment and life-cycle support services for the dredging mining and offshore industries. These markets have been performing well despite the global economic situation and the knock-on effect for the maritime industry.

In 2013 IHC Merwede achieved a revenue of € 985 million (2012: € 895 million) and a net profit of € 56 million (2012: € 37 million). The company is looking ahead to the remainder of 2014 with increasing confidence.