Cadeler 2024 Earnings, Revenue Rise; 2025 Sales Outlook Set

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Cadeler 2024 Earnings, Revenue Rise; 2025 Sales Outlook Set

MT Newswires Live03-25

Cadeler (CDLR) reported 2024 earnings Tuesday of 0.19 euros ($0.21) per diluted share, up from 0.06 euros a year earlier.

Analysts polled by FactSet expected 0.61 euros.

Revenue for the year ended Dec. 31 was 248.7 million euros, up from 108.6 million euros a year earlier.

Analysts polled by FactSet expected 242.8 million euros.

The company expects 2025 revenue of 485 million euros to 525 million euros. Analysts polled by FactSet expect 483.9 million euros.

Cadeler shares were up 4.3% in recent premarket activity Tuesday.

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