Cadeler reported a significant jump in profitability for Q2 2025, supported by the delivery of new vessels, a sharp rise in revenue, and termination fees from the Ørsted contract.
Revenue for Q2 reached €233 million, reflecting strong fleet utilisation and new vessel deployments.
Net income rose sharply to €166 million, driven by termination fees and operational efficiency.
EPS came in at €0.47 as profitability rebounded strongly from Q1.
Operating profit reached €163.1 million for the quarter, following cost discipline and margin expansion.
Cadeler raised its full-year 2025 revenue and EBITDA guidance, reflecting confidence in its backlog, fleet utilisation, and compensation from contract terminations.
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