Dutch marine services provider Boskalis said on Thursday it expected its 2020 core profit to match last year’s result, offering a more optimistic outlook than market forecasts citing well-filled order books.
The dredging giant, which counts energy companies among its major clients, reported half-year earnings before interest, tax, depreciation and amortization (EBITDA) at 204.1 million euros ($242 million), above 156 million euro expected in the company-provided consensus.