Ørsted Posts Strong H1 2024 Results, Adjusts Strategy

Orsted (DOGEF) has released an update.

Ørsted A/S reported a robust first half of 2024 with a 25% underlying increase in EBITDA, driven by higher earnings from offshore wind farms and the successful commissioning of around 2 GW renewable capacity. Despite a setback due to a delay in a US offshore wind project and the strategic pivot away from the liquid e-fuel market, the company maintains its full-year EBITDA guidance and adjusts its investment forecast. The strong operational performance, especially in offshore wind, underpins Ørsted’s commitment to its long-term renewable capacity goals.

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