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Orsted ( (DOGEF) ) just unveiled an update.
Ørsted reported solid operational performance in Q1 2025, achieving over 10 GW of offshore capacity. Despite challenges in the offshore wind industry due to supply chain and macroeconomic factors, Ørsted remains focused on its strategic priorities. The company decided to discontinue the Hornsea 4 project due to increased costs and risks. Ørsted’s Q1 2025 EBITDA increased by 14% compared to the previous year, supported by the ramp-up of the Gode Wind 3 farm in Germany. The company maintains its full-year EBITDA guidance and continues to strengthen its executive team.
More about Orsted
Ørsted is a leading company in the renewable energy sector, focusing on the development, construction, and operation of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants. Headquartered in Denmark, Ørsted is recognized for its commitment to climate action and has a validated net-zero emissions target. The company is listed on Nasdaq Copenhagen and employs approximately 8,300 people.
Average Trading Volume: 53,426
Technical Sentiment Signal: Sell
Current Market Cap: DKK112.4B
For an in-depth examination of DOGEF stock, go to TipRanks’ Stock Analysis page.