COPENHAGEN, Feb 6 (Reuters) – Denmark’s Orsted reported on Friday a fourth-quarter profit before depreciation, amortisation, excluding new partnerships and cancellation fees slightly below estimates and said it expected core profit for 2026 above 28 billion Danish crowns ($4.42 billion), matching a target shared in January.
“We’re focusing on offshore wind in Europe and select markets in APAC (Asia-Pacific) where we’ll continue to build on our position as the global leader in offshore wind,” the company said in a statement.
Operating profit before interest, tax, depreciation and amortisation (EBITDA), excluding new partnerships and cancellation fees rose to 8.10 billion Danish crowns from a year-earlier 7.55 billion, just below an average forecast of 8.24 billion in a company provided poll.
($1 = 6.3294 Danish crowns)
(Reporting by Louise Rasmussen, editing by Anna Ringstrom and Terje Solsvik)