Cadeler A/S Sponsored ADR ( (CDLR) ) has released its Q3 earnings. Here is a breakdown of the information Cadeler A/S Sponsored ADR presented to its investors.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Cadeler A/S Sponsored ADR is a Denmark-based company specializing in offshore wind farm installation and maintenance, operating within the renewable energy sector with a focus on expanding its fleet of specialized vessels.
In its latest earnings report for the first nine months of 2025, Cadeler A/S reported significant growth in revenue and profit, driven by increased fleet utilization and expansion, alongside strategic contracts and agreements.
The company’s revenue surged to EUR 453 million, a substantial increase from the previous year’s EUR 163 million. This growth was primarily due to termination fees from a Long-Term Agreement with Ørsted and the addition of new vessels such as Wind Maker, Wind Peak, and Wind Pace. The company’s EBITDA also rose dramatically to EUR 322 million, reflecting enhanced operational efficiency and fleet utilization. Cadeler’s net profit for the period reached EUR 232 million, a notable rise from EUR 28 million in the same period last year.
Cadeler’s strategic expansion included the acquisition of new vessels and securing significant contracts, such as a long-term agreement with Vestas and projects in Taiwan and Poland, contributing to a robust order backlog of EUR 2,887 million. The company also reported a strong cash flow from financing activities, totaling EUR 805 million, supporting its fleet expansion and operational capabilities.
Looking ahead, Cadeler remains optimistic, reaffirming its full-year revenue guidance of EUR 588 to 628 million and EBITDA between EUR 381 and 421 million. The company continues to focus on enhancing its fleet and securing long-term contracts to sustain its growth trajectory in the renewable energy sector.