{"id":75976,"date":"2026-05-06T11:07:12","date_gmt":"2026-05-06T11:07:12","guid":{"rendered":"https:\/\/www.europesays.com\/dk\/75976\/"},"modified":"2026-05-06T11:07:12","modified_gmt":"2026-05-06T11:07:12","slug":"orsted-q1-profit-beats-forecasts-as-it-pivots-away-from-us-market","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/dk\/75976\/","title":{"rendered":"Orsted Q1 profit beats forecasts as it pivots away from US market"},"content":{"rendered":"<p>He reiterated that the war in the Middle East underlined the need for Europe&#8217;s energy transition and independence and bolstered the case for offshore wind farm developments &#8211; despite its highly subsidised nature.<\/p>\n<p>Europe, a major importer of fossil fuels, has seen energy prices soar since the US-Israeli strikes on Iran and Teheran&#8217;s blockage of shipments through the Strait of Hormuz led to a scramble for oil and natural gas.<\/p>\n<p>Orsted&#8217;s profit before interest, tax, depreciation and amortisation, excluding new partnerships and cancellation fees rose to DKK9.55 billion ($1.50 billion) from a year-earlier DKK8.57 billion, above an average forecast of DKK9.47 billion seen in a company-provided poll.<\/p>\n<p>The company stood by a full-year outlook from February of a core profit above DKK28 billion, and gross investments of between DKK50 billion and DKK55 billion. It reiterated plans to pay dividends for 2026. <\/p>\n<p>(Reporting by Louise Rasmussen, editing by Terje Solsvik)<\/p>\n","protected":false},"excerpt":{"rendered":"He reiterated that the war in the Middle East underlined the need for Europe&#8217;s energy transition and independence&hellip;\n","protected":false},"author":2,"featured_media":75977,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[285],"tags":[1275,26,71,2008,287,1795,2002],"class_list":{"0":"post-75976","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-orsted","8":"tag-business-news","9":"tag-denmark","10":"tag-europe","11":"tag-financial-results","12":"tag-orsted","13":"tag-subsidies","14":"tag-taxpayer-abuse"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@dk\/116527316672001621","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/75976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/comments?post=75976"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/75976\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media\/75977"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media?parent=75976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/categories?post=75976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/tags?post=75976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}