Cadeler raises 2026 revenue and EBITDA outlook
Cadeler A/S (CDLR) has raised its outlook for 2026, increasing both full-year revenue and EBITDA guidance to reflect management’s assessment of the impact of its acquisition of Menck from August 11, 2026 and other business developments.
Rhea-AI Filing Summary
Cadeler A/S (CDLR) has raised its outlook for 2026, increasing both full-year revenue and EBITDA guidance to reflect management’s assessment of the impact of its acquisition of Menck from August 11, 2026 and other business developments. Full-year revenue is now expected to be within EUR 910 million to 1,000 million, up from the previous range of EUR 854 million to EUR 944 million, and this includes an anticipated hammer sale scheduled to complete in December 2026. Full-year EBITDA, excluding costs related to the acquisition and integration of Menck, is now expected to be within EUR 435 million to 525 million, compared with the prior range of EUR 420 million to EUR 510 million.
Positive
- 2026 revenue guidance raised to EUR 910–1,000 million from EUR 854–944 million, signalling stronger expected activity, including an anticipated hammer sale in December 2026.
- 2026 EBITDA guidance increased to EUR 435–525 million from EUR 420–510 million, excluding Menck acquisition and integration costs, reflecting expected financial contribution from the Menck transaction.
Negative
- None.
Key Figures
Revised 2026 revenue guidance range: EUR 910–1,000 million
Previous 2026 revenue guidance range: EUR 854–944 million
Revised 2026 EBITDA guidance range (excl. Menck-related costs): EUR 435–525 million
+3 more
6 metrics
Revised 2026 revenue guidance range
EUR 910–1,000 million
Full-year revenue expected for the financial year ending December 31, 2026
Previous 2026 revenue guidance range
EUR 854–944 million
Earlier full-year 2026 revenue expectation before this update
Revised 2026 EBITDA guidance range (excl. Menck-related costs)
EUR 435–525 million
Full-year 2026 EBITDA, excluding acquisition and integration costs for Menck
Previous 2026 EBITDA guidance range
EUR 420–510 million
Earlier full-year 2026 EBITDA expectation prior to the revision
Menck acquisition effective date
August 11, 2026
Date from which the impact of Menck is reflected in the updated guidance
Anticipated hammer sale timing
December 2026
Expected completion date of hammer sale included in 2026 revenue guidance
Key Terms
EBITDA, forward-looking statements, EU Market Abuse Regulation (MAR), inside information, +1 more
5 terms
EBITDA financial
"Full-year EBITDA is now expected to be within the range of EUR 435 million"
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It measures a company's profitability by focusing on the money it makes from its core operations, ignoring expenses like taxes and accounting adjustments. Investors use EBITDA to compare how well different companies are performing financially, as it provides a clearer picture of operational success without the influence of financial structure or accounting choices.
forward-looking statements regulatory
"This announcement includes forward-looking statements."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
EU Market Abuse Regulation (MAR) regulatory
"inside information pursuant to the EU Market Abuse Regulation (MAR)"
inside information regulatory
"This information is considered to be inside information pursuant to the EU"
Information not available to the public that, if known, would likely cause a company’s stock or bonds to rise or fall—for example, undisclosed earnings, deals, product results, or management plans. It matters because trading on that information gives an unfair advantage, can distort market prices, and is typically illegal or subject to strict rules, so investors watch for proper disclosure and compliance to protect fair, transparent markets.
jack-up offshore wind installation vessels technical
"owns and operates the industry’s largest fleet of jack-up offshore wind"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How has Cadeler A/S (CDLR) changed its 2026 revenue guidance?
Cadeler now expects 2026 revenue between EUR 910 million and 1,000 million, up from the previous range of EUR 854 million to EUR 944 million, reflecting updated assumptions including an anticipated hammer sale scheduled to complete in December 2026.
What is Cadeler A/S (CDLR) guiding for 2026 EBITDA?
Cadeler expects 2026 EBITDA in the range of EUR 435 million to 525 million, compared with the prior range of EUR 420 million to EUR 510 million, when excluding costs related to the acquisition and integration of Menck.
How does the Menck acquisition impact Cadeler A/S (CDLR) guidance?
Cadeler states that the revised 2026 revenue and EBITDA guidance reflects management’s assessment of the impact of the Menck acquisition from its acquisition date of August 11, 2026, alongside other business assumptions.
What specific transaction is included in Cadeler A/S (CDLR) 2026 revenue outlook?
The 2026 revenue guidance range of EUR 910 million to 1,000 million includes an anticipated hammer sale that Cadeler expects to complete in December 2026, contributing to the updated revenue expectations.
Does Cadeler A/S (CDLR) exclude any costs from its 2026 EBITDA guidance?
Yes. The 2026 EBITDA guidance of EUR 435 million to 525 million explicitly excludes costs related to the acquisition and integration of Menck, focusing on EBITDA before these transaction-related expenses.
Why is this Cadeler A/S (CDLR) information classified as inside information?
Cadeler states that the updated outlook is considered inside information under the EU Market Abuse Regulation (MAR) and is disclosed pursuant to MAR article 17 and Section 5-12 of the Norwegian Securities Trading Act.
AI-generated analysis. How Rhea-AI works. Not financial advice.
