Ørsted Cuts Core Profit Guidance Amid Offshore Headwinds

Orsted cuts FY EBITDA guidance owing to lower than normal wind speed

Ørsted Cuts Core Profit Guidance Amid Offshore Headwinds

Ørsted has lowered its guidance range for core earnings for 2025, due to lower wind speeds across the portfolio and a delay of a construction project in Taiwan, as the world’s biggest offshore wind project developer grapples with challenges in the industry. Ørsted revised down its guidance for earnings before interest, tax, depreciation, and amortization (EBITDA) to a range of $3.7 billion-4.2 billion (24 billion to 27 billion Danish crowns) for…

Windtech International - Ørsted adjusts 2025 EBITDA guidance

Ørsted has revised its full-year 2025 EBITDA guidance, excluding new partnerships and cancellation fees, to between DKK 24 billion and DKK 27 billion. The previous range was DKK 25 billion to DKK 28 billion. Gross investment guidance of DKK 50 billion to DKK 54 billion remains unchanged.