CDLR

Financial Performance: Cadeler A/S reported an FY EBITDA of EUR 126 million and revenue of EUR 249 million for 2024, with a contract backlog increasing to EUR 2.5 billion as of March 2025.

Future Outlook: The company anticipates revenue between EUR 485 – 525 million and EBITDA between EUR 278 – 318 million for 2025, despite a decrease in utilization from 75% in 2023 to 66% in 2024.

Event Overview: The 19th Annual Capital Link International Shipping Forum will take place on March 31, 2025, in New York City, featuring senior executives from 26 shipping companies discussing macroeconomic issues and trends affecting the international shipping markets.

Networking Opportunities: The forum offers complimentary registration for institutional investors and shipping companies, along with opportunities for one-on-one meetings between shipping executives and investors.

Cadeler and Ocean Winds Partnership: Cadeler has signed a Vessel Reservation Agreement with Ocean Winds for the installation of approximately 30 wind turbine generators at the BC-Wind offshore wind farm in Poland, with a potential contract value between EUR 48 million and EUR 56 million, scheduled for completion in 2028.

Strengthening Polish Offshore Wind Market: This project enhances Cadeler's position in Poland's offshore wind sector, following previous contracts for other significant projects, as the country emerges as a key player in renewable energy development.

Cadeler Contracts: Cadeler has signed two contracts for its new wind installation vessel, Wind Mover, which is currently under construction and will support operations and maintenance in Europe, with a total estimated value of up to EUR 75 million.

Vessel Specifications: Wind Mover, scheduled for delivery in Q4 2025, is the second of two advanced M-class vessels designed for next-generation offshore wind turbine installations, enhancing Cadeler's capabilities in the renewable energy sector.

Q3 Earnings and Growth: Cadeler A/S reported strong Q3 earnings with a revenue of EUR 81 million and an EBITDA of EUR 48 million, leading to an increased full-year revenue guidance of EUR 243-253 million due to high demand for offshore wind services.

Fleet Expansion and Contracts: The company welcomed the new vessel Wind Peak, which was deployed for its first project in Europe, and secured significant contracts worth up to EUR 526 million for upcoming offshore wind projects, contributing to a backlog of EUR 2.4 billion.

Financial Performance: Cadeler A/S reported a GAAP EPS of EUR 0.00 and generated revenue of EUR 82.2 million in the first half of the year.

Investment Potential: The company is being highlighted as a growth opportunity for green investors, indicating potential future value in sustainable investments.

• The Industrial Select Sector (XLI) fell for the second consecutive week, down -0.69%, while SPDR S&P 500 Trust ETF (SPY) remained flat.
• 9 out of 11 S&P 500 sectors ended the week in the red, with XLI gaining +9.19% YTD and SPY climbing +11.39%.

• Bloom Energy (BE) surged +32.12%, Powell Industries (POWL) jumped +27.29%, Dycom (DY) climbed +20.80%, Cadeler (CDLR) rose +20.10%, and UL Solutions (ULS) increased by +12.88%.

• Nordson (NDSN) tumbled -9.41%, Lincoln Electric (LECO) declined -10.79%, Grupo Aeroportuario del Centro Norte (OMAB) dropped -8.76%, ATS fell -8.34%, and CAE decreased by -8.17%.

• Various stocks had different SA Quant Ratings and Wall Street Analysts' Ratings, impacting their overall performance and investor sentiment.

• Bloom Energy saw significant gains due to clean energy trends, while Nordson faced a decline post lower-than-expected guidance.

Event Overview: The 19th Annual Capital Link International Shipping Forum will take place on March 31, 2025, in New York City, featuring senior executives from 26 leading shipping companies discussing macroeconomic issues and trends affecting the international shipping markets.

Networking Opportunities: The forum offers complimentary registration for institutional investors and shipping companies, along with opportunities for 1x1 meetings between shipping executives and investors, enhancing networking and business development within the maritime industry.