Ørsted Revises 2025 EBITDA Forecast Following Offshore Wind Challenges

Ørsted A/S has updated its EBITDA forecast for 2025 due to lower-than-expected offshore wind speeds in July and August. The company now anticipates a full-year EBITDA of DKK 24 billion to DKK 27 billion, down from the previous estimate of DKK 25 billion to DKK 28 billion. The adjustment is attributed to a decrease in wind speeds, impacting EBITDA by approximately DKK 1.2 billion. Additionally, a delay in the Greater Changhua 2b construction project is expected to reduce EBITDA by around DKK 0.3 billion.

However, Ørsted maintains its gross investment outlook for the year at DKK 50 billion to DKK 54 billion. Despite these adjustments, the company expects no impact on its medium-term targets.