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CDLR · NYSE · Engineering & Construction

Cadeler (ADR) (CDLR)

Deploys specialised vessels to install offshore wind turbines and foundations.

$25.58

vs last close−0.39 (−1.50%)

In millions of USD, except per-share figures · converted from EUR at the latest rate

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	27	20	22	72	92	98	75	267	177	190	143	329
Cost of revenue	18	17	31	35	38	42	51	64	67	88	112	173
Gross profit	9	3	−9	37	54	56	24	203	110	102	31	156
	8	21	14	16	16	13	18	16	18	27	22	24
	7	10	15	16	17	11	19	19	20	0	23	24
Selling & marketing	0	−3	0	0	0	−19	0	0	0	0	0	0
General & administrative	7	13	15	16	17	31	19	19	20	0	23	0
Other expenses	1	11	−1	0	−1	2	0	−3	−2	27	−1	0
Operating income	1	−18	−23	21	38	43	6	187	91	75	9	132
	0	−3	−1	4	−6	1	−2	6	−15	−18	−17	−23
Interest income	0	1	0	5	−2	0	0	5	0	4	11	0
Interest expense	0	3	1	1	4	−2	2	0	14	26	28	21
Other non-operating income	−1	−10	0	−5	2	1	0	−6	0	−8	−11	0
Income before tax	1	−21	−24	25	32	44	3	192	76	57	−8	109
Income tax expense	0	0	0	1	1	1	1	2	3	2	0	−1
Net income from continuing operations	1	−21	−24	24	32	43	2	190	74	54	−8	111
Net income	1	−21	−24	24	32	43	2	190	74	54	−8	111
EPS, basic	$0.01	−$0.40	−$0.27	$0.27	$0.35	$0.50	$0.02	$2.11	$0.82	$0.60	−$0.09	$1.14
EPS, diluted	$0.01	−$0.40	−$0.27	$0.27	$0.35	$0.50	$0.02	$2.11	$0.78	$0.60	−$0.09	$1.14
Weighted average shares, basic	49	50	87	88	88	88	88	88	88	88	88	96
Weighted average shares, diluted	49	50	87	88	88	88	88	88	93	88	88	96
EBITDA	4	3	−11	42	47	68	27	222	124	121	65	132
Depreciation & amortization	2	11	11	15	11	26	21	30	33	38	45	0
EBIT	2	−8	−23	27	36	42	6	192	91	83	20	132