- Published: 03 November 2022 03 November 2022
Ørsted’s Board of Directors has approved the interim report for the first nine months of 2022. Its operating profit (EBITDA) for the first nine months of the year amounted to DKK 25.4 billion, of which DKK 10.9 billion related to the 50 % farm-downs of Hornsea 2 and Borkum Riffgrund 3. EBITDA excluding new partnerships increased by 3.8 billion and amounted to DKK 14.4 billion.
Net profit amounted to DKK 15.3 billion, and return on capital employed (ROCE) came in at 24 %. Ørsted has increased its full-year EBITDA guidance with DKK 1 billion to DKK 21-23 billion excluding earnings from new partnerships during the year, i.e. excluding the gains from the 50 % farm-downs of Borkum Riffgrund 3 and Hornsea 2. The increase is primarily due to higher earnings from its CHP plants. The company has lowered its gross investments guidance by DKK 5.0 billion to DKK 38-42 billion, mainly due to timing effects on projects, with lower spend in 2022 than originally planned.