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CDLR Cadeler AS

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  • 24.000
  • +0.310+1.31%
Close Nov 27 16:00 ET
2.10BMarket Cap218.18P/E (TTM)
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    Jaguar8
    Jaguar8
    Nov 26 03:44
    NEWS ER
    $Cadeler AS (CDLR.US)$
    Cadeler Reports Strong Q3 Results Backed by Solid Client Demand and High Utilisation of Its Growing, Modern and Flexible Fleet
    Positive
    Revenue increased 252% YoY to EUR 81M in Q3 2024
    EBITDA grew 500% YoY to EUR 48M in Q3 2024
    Record backlog of EUR 2.386B with 88.7% FID-secured projects
    Fleet utilization improved to 86.5% in Q3
    Guidance increased for FY2024 revenue and EBITDA
    New major contracts secured including East Anglia TWO (EUR 360-382M)
    Negative
    9-month pr...
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