EnergyWatch

Dong's impressive annual report is no cause for public rejoice

Despite the company's ambition to be the share of the Danish people, the country's population only actually owns a fraction of Dong compared to the rest of the C20 shares. However, the CEO thinks the company enjoys the support of the populace.

Photo: Jesper Mortensen, Polfoto

Thursday morning, Denmark's Dong Energy presented an annual report which blew the competition out of the water. After three years of large deficits, the energy company booked a profit of DKK 10.4 billion (EUR 1.4 billion) in its first annual report as a listed company, while shareholders can get out their champagne and prepare to celebrate the company's recommendation to pay DKK 2.5 billion in dividends.

Dong roars ahead after IPO 

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