Craft

Cadeler

Stock Price

KR74.1

2024-10-29

Market Capitalization

KR26 B

2024-10-29

Revenue

€248.7 M

FY, 2024

Cadeler Summary

Company Summary

Overview
Cadeler (formerly known as Blue Ocean Ships) is a supplier within the offshore wind industry for installation services, operations and maintenance works. It operates two offshore jack-up windfarm installation vessels: Wind Orca and Wind Osprey. The vessels can perform transport and installation of offshore foundations, wind turbine generators, and platform topsides/substations, maintenance of offshore wind turbine generators, structures and platforms, subsea and offshore construction, offshore decommissioning and accommodation, salvage assistance, as well as heavy lift and project cargo.
Type
Public
Status
Active
Founded
2008
HQ
Copenhagen, DK | view all locations
Website
https://www.cadeler.com/
Cybersecurity rating
Sectors

Key People

  • Mikkel Gleerup

    Mikkel Gleerup, Chief Executive Officer

  • Mark Konrad

    Mark Konrad, Chief Financial Officer

  • Jacob Heinricy Jensen, Chief Operations Officer

  • Jacob Christian Gregersen

    Jacob Christian Gregersen, Chief Commercial Officer

Operating MetricsView all

Contract Backlog

€310M

FY, 2020

Wind Turbines Installed

287

FY, 2020

LocationsView all

3 locations detected

  • Copenhagen HQ

    Denmark

    Fairway House Arne Jacobsens Allé 7

  • Vejle

    Denmark

    Enghavevej 9D, 1st Floor

  • Taipei, Taipei City

    Taiwan

    12th Floor, No. 129, Minsheng E. Rd, Section 3

Cadeler Financials

Summary Financials

Revenue (FY, 2024)
€248.7M
Gross profit (FY, 2024)
€215.8M
Net income (FY, 2024)
€65.1M
Cash (FY, 2024)
€58.5M
EBIT (FY, 2024)
€77.0M
Enterprise value
$26.5B

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