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Ørsted Logs Lower H1 Profit; Revenue Grows

MT Newswires·08/13/2026 02:23:48
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02:23 AM EDT, 08/13/2026 (MT Newswires) -- Ørsted (ORSTED.CO) said Thursday its attributable profit for the first half plunged, while revenue jumped year over year. Profit attributable to shareholders for the six months ended June 30 was 2.69 billion Danish kroner, compared with 7.54 billion kroner earlier. EPS moved to 2 kroner from 10 kroner. The wind power company's revenue was 48.27 billion kroner, compared with 37.84 billion kroner a year ago. Looking ahead, the group is planning to reinstate dividend payments, with the first distribution expected in 2027.