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Added to YB: 2025-09-10

Pitch date: 2025-09-08

CDLR [bullish]

Cadeler A/S

+0.28%

current return

Author Info

Norwegian Hidden Gems is a research-driven newsletter focused on uncovering undervalued small-cap stocks listed on the Oslo Stock Exchange. Sign up for the newsletter.

Company Info

Cadeler A/S, together with its subsidiaries, engages in offshore wind farm installation, operations, and maintenance services in Denmark.

Market Cap

NOK 1.5B

Pitch Price

NOK 53.35

Price Target

N/A

Dividend

N/A

Sector

Construction and Engineering

Category

growth

Show full summary:
Cadeler: From Headwinds to High Yields

CDLR.OL: Offshore wind vessel owner w/ EUR 2.5bn backlog (97% FID projects), expanding to 12 vessels by 2027. Vessel supply tightening as turbines grow to 20MW+. FCF could reach 35-44% market cap 2026-28, potential 13-17% dividend yields post-expansion. Risk: heavy newbuild commitments, political delays.

Read full article (3 min)