Ørsted shares rise after 2026
Photo: Sebastian Elias Uth /AP/TT

Ørsted shares rise after 2026 forecast confirmed

Danish energy group Ørsted reported an operating loss of just over 1 billion Danish kroner for the fourth quarter of last year. However, it confirmed its forecast for 2026, which lifted its shares by 4.5 percent on the Copenhagen Stock Exchange.

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The loss - which is linked to costs arising from the Trump administration's opposition to wind power projects in the US - was unexpected. Analysts had expected an operating profit of 1.3 billion, according to Bloomberg.

However, sales increased 9.8 percent year-on-year to 23.1 billion Danish kroner. This was significantly more than the expected 19.6 billion.

For 2026, Ørsted confirms the forecast of an operating profit excluding non-recurring items of DKK 28 billion, and gross investments during the year are estimated to be DKK 50-55 billion.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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