Investors still trust Ørsted's top management after dramatic downturn

Ørsted has lost more than 70% of its value since Mads Nipper took over as CEO. Still, investors express confidence in company and management.
Det er gået mere ned end op for Ørsted-aktien under Mads Nippers ledelse. De seneste to uger har udgjort det foreløbige lavpunkt, da nyheden om nedskrivninger på Ørsteds amerikanske projekter på en enkelt dag barberede omkring en fjerdedel af Ørsteds værdi. Ørsted shares have gone more down than up under Mads Nipper's leadership. The past two weeks have been the low point so far as news of write-downs on Ørsted's US projects shaved around a quarter of Ørsted's value in a single day. | Photo: Casper Dalhoff
Det er gået mere ned end op for Ørsted-aktien under Mads Nippers ledelse. De seneste to uger har udgjort det foreløbige lavpunkt, da nyheden om nedskrivninger på Ørsteds amerikanske projekter på en enkelt dag barberede omkring en fjerdedel af Ørsteds værdi. Ørsted shares have gone more down than up under Mads Nipper's leadership. The past two weeks have been the low point so far as news of write-downs on Ørsted's US projects shaved around a quarter of Ørsted's value in a single day. | Photo: Casper Dalhoff
by VICTOR EMIL KRISTENSEN

Confidence in Ørsted may have taken a blow, but it’s hanging in there.

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 be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    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

    Share article

    Sign up for our newsletter

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

    Newsletter terms

    Front page now

    On June 1, Senvion's former CFO Manav Sharma started as US country manager for Nordex. Soon he will have a new factory at his disposal. | Foto: Senvion

    Nordex restarts production in the US

    For subscribers