Cadeler A/S (CDLR) Q2 2026 Earnings Call Transcript
Cadeler A/S NYSE: CDLR reported sharply higher second-quarter and first-half results, citing increased fleet activity, higher utilization and the addition of vessels to its operating fleet. The offshore wind installation contractor maintained its 2026 standalone outlook while highlighting the July delivery of its second A-class vessel and its acquisition of foundation-installation equipment provider Menck.
Cadeler A/S (CDLR) M&A Call Transcript
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| YA Yinka Akinsola Blue Trust Inc. | 1,792 | $42,165.76 | $40,696.32 | -$1,469.44 | -3.48% |
Joseph Castro Nuveen LLC | 11,476 | $251,440 | $273,243.56 | $21,803.56 | 8.67% |
Suzanne Cross JTC Employer Solutions Trustee Ltd | 298 | $5,483.2 | $6,767.58 | $1,284.38 | 23.42% |
Timothy E. Ladin Price Jennifer C. | 84,251 | $2.13M | $1.91M | -$214,837.97 | -10.09% |
Christopher C. Powers Farther Finance Advisors, LLC | 139 | $3,139.31 | $3,156.69 | $17.38 | 0.55% |
| Marine Transportation Industry | Industrials Sector | Mikkel Gleerup CEO | NYSE Exchange | 12738K109 CUSIP |
| DK Country | 1,073 Employees | - Last Dividend | - Last Split | - IPO Date |
Cadeler A/S is a prominent contractor based in Copenhagen, Denmark, specializing in the transportation and installation of offshore wind farms. Since its incorporation in 2008, the company has played a pivotal role in advancing the renewable energy sector by offering a wide range of services tailored to the unique needs of offshore wind projects. These services include not only the initial construction and installation of wind farms but also ongoing maintenance, decommissioning, and various other offshore-related tasks. Leveraging its fleet of state-of-the-art jack-up vessels, Cadeler A/S stands out in the marine and offshore industry for its capability to execute complex projects with efficiency and reliability.