Cadeler A/S (CDLR) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Cadela's H1 2026 earnings presentation. Presenting today are Mikkel Gleerup, Chief Executive Officer, and Peter Brogaard, Chief Financial Officer. Please be reminded that the presenters' remarks today will include forward-looking statements. Actual results may differ materially from those contemplated. The risks and uncertainties that could cause Cadela's results to differ materially from today's forward-looking statements include Those detailed in Cadella's annual report on Form 20-F, on file with the United States Securities and Exchange Commission. Any forward-looking statements made this morning are based on assumptions as of today, and Cadella undertakes no obligation to update these statements as a result of new information or future events. This morning's presentation includes both IRFS and certain non-IRFS financial measures. A reconciliation of non-IRFS financial measures to the nearest IRFS equivalent is provided in Cadala's annual report. The annual report and today's learning presentation are available on Cadala's website at cadala.com forward slash investor. We ask that you please hold all questions until the completion of the formal remarks, at which time you'll be given instructions for the question and answer session. As a reminder, this call is being recorded today. If you have any objections, please disconnect at this time. Mikkel Gleerup, you may begin. Thank you very much and welcome to this half-year presentation from Kettler. Very pleased to be joined by everyone here. Just a disclaimer slide here first, and then our H1 highlight slide. So the first half of 2026 has been Really, a third half that is defined by very solid financial performance. Adjusting for the last termination fee we had last year, we do see a very s...