Orsted Q1 net profit 2.621 bln crowns, down 46%
(Il Sole 24 Ore Radiocor) - Milano, 6 mag - Orsted, the Danish renewable energy group, said that in the first quarter it posted a net profit of 2.621 billion crowns, down 46% from a year earlier as a result of impairments due to the higher long-dated US interest rates.
EBITDA, excluding new partnerships and cancellation fees, rose 11% to 9.545 billion crowns.
Return on capital employed (ROCE), adjusted for impairment losses and cancellation fees, was 8.6% versus 10.2% in the first quarter of 2025.
Orsted mainted its full-year EBITDA guidance of above 28 billion crowns, excluding new partnerships and cancellation fees. It also reiterated its gross investment guidance of.
50-55 billion crowns.
(RADIOCOR) 06-05-26 12:57:03 (0400) 5 NNNN