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Ørsted A/S (DNNGY) Q2 2026 Earnings Call Transcript
Higher taxes and increases in long-dated U.S. interest rates—as well as last year's gains on asset sales—hurt profit.
Danish offshore wind farm developer Orsted reported on Thursday a second-quarter core profit above forecast and said it was on track to deliver on its financial guidance for the year.
Ørsted stands poised for growth as Europe accelerates offshore wind investment and energy independence initiatives. Q1 2026 saw $1.45 billion USD EBITDA, 93% asset availability, and a 98% renewable generation share, highlighting DNNGY's operational strength. Ørsted's project pipeline adds 4.8 GW over two years, with major deals like the $6.5 billion Hornsea 3 stake sale validating portfolio value.
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