Ørsted upgrades guidance

Earnings surged at Ørsted, which is enjoying several new wind farms and a renegotiated gas purchasing contract.
Photo: Mathias Ørsborg Johansen
Photo: Mathias Ørsborg Johansen

Ørsted emerged from the first quarter with an EBITDA result of DKK 5.5 billion (EUR 738 million), which is 68 percent more than in 2017. Meanwhile, the group increased its stake of renewable energy from 56 percent in the first quarter last year to 68 percent in the first quarter 2018.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading

Recent years have mauled global turbine industry, and German Nordex also notes growing deficits. | Foto: Nordex

Nordex deficit doubles in 2022

For subscribers