Cadeler Reports Strong FY2025 Results, EUR 2.8B Backlog, and Positive 2026 Outlook
CDLR sits 43% above its 52-week low of $15.37.
Summary
Cadeler reported strong FY2025 financial results, a substantial EUR 2.8 billion backlog, and a positive 2026 outlook, driven by new contracts and progress on its expanding fleet.
Key Events · Earnings and Guidance · CDLR
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Exceptional FY2025 Financial Performance
Revenue increased by EUR 372 million, more than doubling compared to 2024, with EBITDA also showing significant growth.
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Robust Contract Backlog
The company reported a strong contract backlog of EUR 2.8 billion, providing solid earnings visibility.
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Significant New Contract Wins
Secured firm contracts totaling EUR 500 million for foundation T&I and WTG installation, commencing in 2029/2030, alongside multiple new O&M campaigns.
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Newbuild Program Progress
Wind Ace is 94% complete for Q3 2026 delivery, and Wind Apex is 34% complete for Q2 2027 delivery, with the CAPEX program fully funded.
Analysis · CDLR · Energy & Transportation
This investor presentation, accompanying Cadeler's 2025 Annual Report, details exceptional financial performance with revenue more than doubling and a robust EUR 2.8 billion contract backlog. The company secured significant new contracts, including a EUR 500 million deal, and provided a positive outlook for 2026 driven by strong market demand and new vessel deliveries. The report highlights Cadeler's strategic positioning in the growing offshore wind market with its expanding fleet and fully funded CAPEX program, reinforcing its long-term growth trajectory.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 35.8% of the 1051 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CDLR was trading at $22.00 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $2B. The 52-week trading range was $15.37 to $26.79. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.