Cadeler H1 revenue more than doubles on fleet expansion
Cadeler reported H1 revenue of EUR 408M, up over 100% YoY, and net income of EUR 88M, up 54% YoY. The growth was driven by fleet expansion and increased contracted days. The company's order backlog is nearly EUR 2.5B. Cadeler maintained its 2026 revenue guidance of EUR 854M-EUR 944M and EBITDA guidance of EUR 420M-EUR 510M, with a review of the Menck acquisition's impact pending.
How this was made
The 30-second read
Why it matters
The earnings beat expectations and double-year revenue growth may support a price rally, but guidance unchanged limits upside.
Market read
First report of Cadeler's H1 results provides fresh data for traders interested in renewable energy infrastructure stocks.
Timing
today
Background
Cadeler, a Danish offshore wind installer, reported H1 revenue of EUR 408M, net income EUR 88M, and maintained 2026 guidance.

