New Orsted CEO Rasmus Errboe hinted at further job cuts beyond up to 800 announced last year as a result of a new strategy shake-up that sees the Danish developer slash new investments and targets.

COPENHAGEN: Orsted A/S recorded a 12.1 billion-krone hit on its earnings as the costs of offshore wind farms, particularly in the United States, keep rising. The setback is the latest in a long ...

The world’s biggest offshore wind developer Orsted has slashed investment by 25% up to 2030 in the wake of challenges to the renewable energy industry and the decision by US President Donald Trump to ...

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COPENHAGEN (Reuters) -Orsted, the world's biggest offshore wind power developer, said on Thursday it expected core profit this year to be equal to, or above 2024, a day after cutting investment ...

Orsted cuts its green power growth target to focus on profits Soaring offshore wind costs have upended the business Orsted A/S cut its investment plans by 25% through 2030 as the struggling offshore ...

Orsted ORSTED1.78%increase; green up pointing triangle guided for slightly higher earnings this year, a day after it slashed spending plans for the coming few years to shore up its balance sheet ...

COPENHAGEN (Reuters) -Orsted, the world's biggest offshore wind power developer, said on Thursday it expected core profit this year to be equal to, or above 2024, a day after cutting investment plans ...

In a report released today, Jenny Ping from Citi maintained a Hold rating on Orsted (DOGEF – Research Report), with a price target of DKK300.00. The company’s shares closed yesterday at $41.00.

Ørsted’s board of directors has approved significant adjustments to the company’s business plan and what it described as “focused capital allocation to strengthen the capital structure” The company ...