OB:CADLRConstruction
Cadeler (OB:CADLR) Valuation After Early Delivery of ‘Wind Mover’ and Rapid Fleet Expansion
Cadeler (OB:CADLR) just took delivery of Wind Mover, its tenth wind turbine installation vessel, ahead of schedule, effectively doubling the fleet in a year and pushing the stock back onto investors radar.
See our latest analysis for Cadeler.
Those milestones come after a busy few weeks, including a stronger balance sheet from a new green loan facility and upgraded earnings guidance. Yet the 1 year share price return is still weak, while the 5 year total shareholder return remains solid. This...