Royal Boskalis reported a 35% fall in first-half net profit to €275 million, from €426 million a year earlier, as geopolitical disruption and lower vessel utilization weighed on operations. Revenue fell 19% to €1.90 billion and EBITDA dropped 26% to €553 million, while the order book stood at €6.8 billion on June 30, down from €7.0 billion at end-2025.
Dredging and Inland Infra saw the sharpest decline, with trailing suction hopper dredger utilization falling and cutter suction dredger utilization described as extremely low. The effective closure of the Persian Gulf particularly hit Marine Survey, with Heavy Marine Transport affected to a lesser extent.
Offshore Energy continued to contribute strongly on offshore wind, oil and gas, subsea cables and marine services, though the Services cluster stayed below the exceptional 2025 level. The Dredging backlog grew after wins including the Luleå port deepening in Sweden and maintenance dredging extensions at Harwich and Felixstowe.