COPENHAGEN (Reuters) -Orsted, the world's biggest offshore wind power developer, said on Thursday it expected core profit this year to be equal to, or above 2024, a day after cutting investment ...

Baltica 2, which will be located approximately 25 miles (40 kilometers) off the Polish coast near Ustka, is expected to be fully commissioned in 2027, Orsted said in a news release. Baltica 2 has ...

New Orsted CEO Rasmus Errboe hinted at further job cuts beyond up to 800 announced last year as a result of a new strategy shake-up that sees the Danish developer slash new investments and targets.

In a report released today, Jenny Ping from Citi maintained a Hold rating on Orsted (DOGEF – Research Report), with a price target of DKK300.00. The company’s shares closed yesterday at $41.00.

When Rasmus Errboe arrived at what was still called Dong Energy in July 2012, the group was still an oil & gas business and the name Orsted solely referred to Hans Christian, the Danish scientist.

Orsted cut its investment program to 2030 by 25% despite posting full-year results it said are in line with expectations. The Danish group energy group said Wednesday that 2024 Ebitda excluding ...

Orsted's U.S. ambitions have proved to be a headache. © 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of ...

Morgan Stanley lowered the firm’s price target on Orsted (DNNGY) to DKK 370 from DKK 400 and keeps an Equal Weight rating on the shares. Published first on TheFly – the ultimate source for ...

Orsted ORSTED-1.03%decrease; red down pointing triangle shares sank to the bottom of the Stoxx Europe 600 index Tuesday after the company announced a $1.7 billion fourth-quarter impairment amid ...

Orsted ORSTED1.78%increase; green up pointing triangle guided for slightly higher earnings this year, a day after it slashed spending plans for the coming few years to shore up its balance sheet ...

Orsted recorded a 12.1 billion-krone ($1.7-billion) hit on its earnings as the costs of offshore wind farms, particularly in the U.S., keep rising. The setback is the latest in a long series of ...

Orsted guided for slightly higher earnings this year as some wind and solar farms ramp up and it expects to receive higher payments from wind-farm contracts to account for inflation. The Danish ...