BW-backed Cadeler is expecting higher profits for 2024 as its contract backlog grows.
The Copenhagen-based owner of the world’s biggest wind turbine installation vessel fleet said growth continued in the third quarter, with Ebitda of €48m ($50.3m) up from €8m a year ago.
Cadeler did not give a net figure for the period, but nine-month net earnings were €27.8m,
