Cadeler A/S

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue $60.9m $106.4m $108.6m $248.7m $620.4m
Cost of sales ($38.9m) ($49.5m) ($59.9m) ($124.2m) ($236.8m)
Gross profit $22.1m $56.9m $48.8m $124.5m $383.6m
Operating profit $11.1m $41.2m $14.4m $69.4m $317.7m
Financial income $1.8m $4.0m $1.5m $5.2m $7.5m
Profit before income tax $7.4m $35.5m $11.5m $67.5m $287.9m
Profit for the period $7.5m $35.5m $11.5m $65.1m $280.2m
Exchange differences on translation of foreign operations ($6.7m) $34.1m $0
Cash flow hedges - changes in fair value $905k ($18.5m) $13.1m ($5.0m)
Cash flow hedges - items recycled $438k ($776k) $1.5m ($2.6m)
Other comprehensive (loss)/income after tax $1.3m ($29.6m) $57.5m ($13.3m)
Total comprehensive income/loss for the period, net of tax $7.5m $36.9m ($18.1m) $122.5m $266.9m
Basic, profit/(loss) for the period attributable to ordinary equity holders of the parent (EUR per share) $0 $0 $0 $0 $1
Diluted, profit/(loss) for the period attributable to ordinary equity holders of the parent (EUR per share) $0 $0 $0 $0 $1
Net other operating income and expenses $137k $2.0m $8.8m
Administrative expenses ($10.9m) ($15.7m) ($34.5m) ($57.1m) ($74.6m)
Financial expenses ($5.5m) ($9.7m) ($4.5m) ($7.2m) ($37.4m)
Income tax credit/expense $13k $0 ($2.4m) ($7.7m)
Cash flow hedges - cost of hedging ($3.6m) $8.8m ($5.7m)