The logo for Orsted can be seen on the jacket worn by an employee as he talks to journalists during a visit to the offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS
COPENHAGEN, May 6 (Reuters) – Danish offshore wind developer Orsted reported on Wednesday a first-quarter core profit above forecasts and kept its full-year outlook for the year.
Profit before interest, tax, depreciation and amortisation, excluding new partnerships and cancellation fees rose to 9.55 billion Danish crowns ($1.50 billion) from a year-earlier 8.57 billion, above an average forecast of 9.47 billion crowns seen in a company-provided poll.
Orsted stood by a full-year outlook from February of a core profit above 28 billion crowns, and gross investments of between 50 billion and 55 billion. It reiterated plans to pay dividends for 2026.
($1 = 6.3686 Danish crowns)
Reporting by Louise Rasmussen, editing by Terje Solsvik
