Cadeler A/S Boosts Revenue Forecast Amid Strong Q3 Performance

Cadeler A/S Sponsored ADR (CDLR) has released an update.

Cadeler A/S has reported a robust financial performance in Q3 2024, raising its full-year revenue forecast and narrowing its EBITDA guidance to the upper range. The company has strengthened its contract backlog with two new multi-vessel projects, highlighting its capability in the wind energy sector. Cadeler’s growing presence is further demonstrated by the successful deployment of its newest vessel, Wind Peak, and the addition of independent director Thomas Thune Andersen.

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