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Cadeler (CDLR) Q1 2026: Revenue Soars, Backlog Strong
Financial Modeling Prep· 2026-05-21 19:00
Cadeler A/S (NYSE: CDLR) Navigates Offshore Wind Market with Strong Q1 2026 Revenue GrowthCadeler A/S reported significant Q1 2026 revenue growth to EUR 125 million, up from EUR 65 million year-over-year, driven by expanded contracted activity across its offshore wind installation fleet.Despite a net loss of EUR 7 million, the company’s EBITDA rose to EUR 47 million, and it maintained a robust project backlog of EUR 2.705 billion, supporting future revenue visibility.Fleet utilization declined year-over-yea ...