Ørsted outdoes itself again
After a productive year in wind power, a name change and the sale of both offshore wind farms and the oil division, 2017 has exceeded last year's result.
Danish utility Ørsted emerged from 2017 with an EBITDA of DKK 22.5 billion (EUR 3 billion), an improvement over last year's DKK 19 billion result. The operating profit is the largest ever, however, it is in line with expectations after the company increased its forecast in January for key figures to reach precisely DKK 22.5 billion.
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