Cadeler A/S Sponsored ADR ( (CDLR) ) has released its Q2 earnings. Here is a breakdown of the information Cadeler A/S Sponsored ADR presented to its investors.
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Cadeler A/S, a leading provider of offshore wind installation, operations, and maintenance services, has reported a significant increase in its financial performance for the first half of 2025, driven by fleet expansion and strategic focus on operations and maintenance. The company’s revenue more than tripled to EUR 299 million, and EBITDA rose to EUR 213 million, reflecting strong growth in its offshore wind installation capabilities. Key highlights include the delivery of two new advanced vessels and the acquisition of a highly capable O&M vessel, enhancing Cadeler’s fleet and operational flexibility. The company’s order backlog remains robust at EUR 2.5 billion, providing strong earnings visibility. Looking forward, Cadeler is well-positioned to support the growing offshore wind sector, with plans to expand its fleet further and capitalize on increasing demand for O&M services. The management remains confident in the company’s long-term growth prospects, supported by a solid project pipeline and strategic focus on sustainability and innovation.