Ørsted presents Q3 report dominated by red numbers

Large impairments and the decision to slow down on US wind projects cast a red shadow over the Ørsted’s financial statements. 
Photo: Ørsted
Photo: Ørsted

Ørsted’s revenue halved from DKK 36bn (USD 5.1bn) to DKK 19bn in Q3, and that’s just the beginning of the utility’s third-quarter results, which are probably the most turbulent in the company’s recent history.

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