National Marine Dredging Company

Launch date

Jan 1976

Employees

1001-5000 people

Market cap

Enterprise valuation

€4.7b (Public information from May 2024)

Abu Dhabi Abu Dhabi Emirate (HQ)

https://nmdc-group.com

https://twitter.com/nmdc_uae https://www.linkedin.com/company/national-marine-dredging-company

Revenues, earnings & profits over time

AED	2021	2022	2023	2024	2025
Revenues	7.9b	10.7b	16.7b	21.1b	20.6b
% growth	-	35 %	56 %	26 %	(2 %)
EBITDA	1.3b	1.4b	2.3b	2.7b	2.7b
% EBITDA margin	16 %	13 %	14 %	13 %	13 %
Profit	1.0b	1.3b	2.2b	2.4b	2.4b
% profit margin	13 %	12 %	13 %	12 %	12 %
EV / revenue	1.5x	1.8x	1.3x	0.9x	0.9x
EV / EBITDA	9.1x	14.1x	9.4x	7.3x	6.7x

Date	Investors	Amount	Round
-	ADQ	N/A	-
Nov 2000	N/A	N/A	IPO
Dec 2020	International Holdings Company	$65.0m	Post IPO Equity
Feb 2022*	Abu Dhabi Ports Company	N/A	Post IPO Equity
Total Funding		-