Stock Track | Cadeler AS Soars 6.31% Pre-market on Impressive Nine-Month Financial Results

Stock Track
Nov 20

Shares of Cadeler AS (CDLR) are surging 6.31% in pre-market trading on Thursday, as investors react positively to the company's strong nine-month financial report. The offshore wind installation and services provider has demonstrated substantial growth, attracting significant investor interest.

According to the latest financial disclosure, Cadeler reported a remarkable increase in its revenue for the first nine months of the year. The company's revenue soared to €453 million, nearly tripling from €163 million in the same period last year. Additionally, Cadeler's earnings per share (EPS) showed significant improvement, rising to €0.65 from €0.08 year-over-year, representing an eightfold increase.

The robust financial performance underscores Cadeler's growing importance in the renewable energy infrastructure sector and its strong position in the offshore wind installation market. As the global transition to clean energy accelerates, Cadeler appears well-positioned to benefit from increased investments in offshore wind projects. The company maintains its 2025 revenue guidance in the range of €588 million to €628 million, further bolstering investor confidence in its growth trajectory.

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