Company says low wind conditions contributed to drop in adjusted EBITDA for the quarter

Adjusted EBITDA fell due to drop in offshore speeds in Europe

Cable manufacturer sees operational EBITDA increase to €81m

Adjusted EBITDA reaches €9.6m compared with €8m in the first quarter of 2024

Amount will be allocated to renewables projects including those in operation and others under construction

New wind farms coming online in Brazil and Spain helped boost wind output to 2.3TWh in the quarter