OB:CADLRConstruction
Cadeler (OB:CADLR): Evaluating Valuation After Norwich Office Expansion Signals UK Offshore Wind Growth Ambitions
Cadeler (OB:CADLR) has just opened a new, much larger office in Norwich, moving its UK operations from Great Yarmouth. This expansion highlights Cadeler’s ongoing investment in the UK offshore wind sector as well as its future project ambitions.
See our latest analysis for Cadeler.
While the new Norwich office marks another stride in Cadeler’s UK ambitions, the stock has faced a tougher year. Its share price is down 33.6% year-to-date, with a 1-year total shareholder return of -37.3%. Despite...