Article

Cenergy Holdings continues the construction of its cable factory in Maryland, despite a cyclical reduction in capital expenditures in early 2025. The company anticipates adjusted EBITDA for 2025 to be between €310 million and €340 million, buoyed by strong order backlogs and improved profit margins in the cable and steel pipe sectors.

The cable sector is benefiting from high demand and completed expansions in production capacity, while the steel pipe segment anticipates growth in gas fuel and hydrogen infrastructure projects. Overall, Cenergy's performance in the first half of 2025 reflects substantial growth.