Cadeler Swings to Q1 Profit, Revenue Increases; 2025 Revenue Outlook Reiterated

MT Newswires Live

05/21

Cadeler (CDLR) reported Q1 earnings Wednesday of 0.01 euros ($0.01) per diluted share, compared with a loss of 0.06 euros per share a year earlier.

Analysts polled by FactSet expected earnings of 0.06 euros.

Revenue for the quarter was 65.5 million euros, up from 19.1 million euros a year earlier.

A single analyst polled by FactSet expected 65 million euros.

For 2025, the company said it continues to expect revenue of 485 million euros to 525 million euros. Analysts surveyed by FactSet expect 488.1 million euros.

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