Cadeler is a pure-play offshore wind installation company that transports and installs wind turbines and foundations at sea. It operates a specialized fleet of large installation vessels built for heavy-lift work on utility-scale wind farms. Customers are mainly offshore wind developers and energy companies rolling out projects in Europe and other growth markets. Its focus is marine installation rather than turbine manufacturing or farm ownership.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 233.1 | — | 165.9 | — |
| Q3 2025 | 154.3 | — | 64.6 | — |
| Q4 2025 | 167.6 | — | 47.8 | — |
| Q1 2026 | 124.7 | — | -7 | — |
| Q2 2026 | 282.8 | 21.3% | 95 | -42.8% |
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