Cadeler A/S (CDLR) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Cadala's third quarter 2025 earnings presentation. Presenting today are Mikael Glierup, Chief Executive Officer and Peter Brogard, 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 Cadala's results to differ materially from today's forward-looking statements include those details in Cadala's annual report on Form 20F, 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 Cadala undertakes no obligation to update these statements as a result of new information or future events. This morning's presentation includes both IFRS and certain non-IFRS financial measures. A reconciliation of non-IFRS financial measures to the nearest IFRS equivalent is provided in Cadala's annual report. The annual report and today's earnings presentation are available on Kadala's website at kadala.com forward slash investor. We ask that you please hold all questions until the completion of the formal remarks, at which time you will 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. Mikel Glierup, you may begin. Thank you very much and welcome to this Q3 presentation from Cattler. Thanks for everybody who's dialing in for listening to us today. With me today I have Peter as normal and Peter will take you through the financial section of the presentation. So just the standard disclaimer and we can say that this quarter, the highlights of the third quarter of 2025, we can say ...