Cadeler A/S (CADLF) Expected to Post Earnings on Tuesday

Cadeler A/S (OTCMKTS:CADLFGet Free Report) is anticipated to announce its results before the market opens on Tuesday, August 25th. Analysts expect the company to announce earnings of $0.2406 per share and revenue of $288.1080 million for the quarter.

Cadeler A/S Price Performance

OTCMKTS CADLF opened at $6.08 on Friday. The business has a 50-day moving average price of $6.08 and a 200-day moving average price of $6.08. Cadeler A/S has a twelve month low of $4.44 and a twelve month high of $6.08.

Cadeler A/S Company Profile

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Cadeler A/S (OTCMKTS: CADLF) is a Denmark-based maritime service provider specializing in offshore wind turbine installation. The company owns and operates purpose-built wind turbine installation vessels, which were converted from former offshore drilling rigs. These vessels are equipped with heavy-lift cranes, dynamic positioning systems and jack-up capabilities, allowing Cadeler to install foundations, towers, monopiles, jackets and complete turbine assemblies in a wide range of water depths and weather conditions.

Founded in 2019 as a carve-out from Seadrill’s wind-turbine installation business, Cadeler has built on nearly a decade of offshore wind experience.

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