Brief: Cadeler H1 EBITDA Up At EUR 23 Mln

Cadeler A/S

23/08/2022 06:28

Aug 23 (Reuters) - Cadeler A/S  CADLR.OL :
    * INCREASES REVENUE BY 33% DURING FIRST HALF OF YEAR DUE TO
INCREASED DAY RATES
    * OUTLOOK FOR REST OF YEAR CONTINUES TO BE WITHIN RANGE OF
FORECASTED FIGURES
    * GUIDANCE FOR REST OF YEAR HAS BEEN NARROWED DUE TO
UPSTREAM
DELAYS
    * EBITDA GUIDANCE HAS BEEN NARROWED, NOW EXPECTED TO BE
WITHIN
RANGE OF 56 TO 65 MILLION EUR
    * 2022 REVENUE WOULD BE BETWEEN EUR 96 TO 110 MILLION
    * H1 EBITDA IS 23 MILLION EUR, A 7 MILLION EUR INCREASE
COMPARED
TO H1 2021
    * H1 REVENUE (TOTAL) EUR 43.0 MILLION VERSUS EUR 32.3
MILLION YEAR
AGO
    * ORDER BACKLOG CURRENTLY AMOUNTS TO 547 MILLION EURO
    * COMPANY'S FLEET CONTINUES TO BE IN HIGH DEMAND AND
CAPACITY IS
FULLY BOOKED UNTIL 2026

Source text for Eikon:  ID:nObi4n1Gha 
Further company coverage:  CADLR.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))