
DHI delivers record result and invests massively in innovation
DHI’s results for 2024 show strong growth and major investments in research, development and innovation, driving impressive bottom-line performance. With an organic growth of 11.3% and a total revenue of EUR 147.0 million, DHI has achieved its strongest financial results to date.
DHI is seeing an increasing need for methods and tools that can help governments and companies overcome global challenges related to water and the environment. The company’s 2024 results mark the highest revenue in its history, following another year of impressive double-digit growth. DHI remains committed to significant investments in research, development and innovation, with a total RD&I investment of EUR 15.4 million in 2024.
Order inflow totalled an all-time high of EUR 170.1 million in 2024. Revenue increased organically by 11.3%, setting a new record at EUR 147.0 million. EBITDA more than doubled from the year before, ending at EUR 5.0 million, while EBIT was EUR 2.4 million for the year, also a significant improvement from last year.
‘It is very encouraging that our growth strategy delivers such excellent results. We are growing thanks to our ambitious clients, who set the bar very high to safeguard water and water environments. Our 1,100 employees, working all over the world, are leading experts within our fields, and their unique expertise is in high demand’, states Mette Vestergaard, Chief Executive Officer at DHI.
DHI continues to prioritise research and development in knowledge and digital solutions to, for example, forecast cloudburst impacts in cities, predict extreme wave conditions at future offshore wind farms and protect coastal areas from erosion and flooding.
’We are investing heavily in research and innovation and have pooled all our research and development initiatives into a new global centre. In close collaboration with our clients and partners, we develop knowledge, data and technology that contribute to solving the global water and environmental challenges’, states Mette Vestergaard.
Innovation for a sustainable future
In 2024, DHI launched several new products that enable analyses and simulations of changes in water environments. An example is DHI BlueCast, which helps clients in the offshore industry identify optimal locations for offshore wind turbines in areas with varying ocean depths and complex current conditions. An expansion of the FEFLOW software has improved the solution’s ability to forecast fluctuations in groundwater. In 2024, DHI took part in 2,800 projects globally, focusing on better water management, climate adaptation and sustainable development.
’Climate change and inefficient water management stress the world’s water resources, environment and biodiversity. There are problems with water shortage, pollution and threatened ecosystems all over the world. There is an imminent need for innovation and resilient solutions, and we will continue our focus on developing technology, expertise and strong partnerships. Our results in 2024 enable us to continue our work on enabling a sustainable future', says Mette Vestergaard.
Read the annual report here:
How can we help?
With our global network of offices, we make sure you get the right answers to your local needs. Tell us about your water challenges and we will get back to you.