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Ørsted writes down billions and records a net loss

The wind business is booming, and higher-than-expected wind speeds have had a positive effect on one hand, while delays in the construction of a converter station and a dropped prestige project have been costly
Ørsted has just published its financial statements for Q2 2024 and the first half of 2024. It reveals an improvement in operations but a decline in the bottom line compared to the same period in 2023.

- I am very satisfied with our results. The operation is running well, and particularly the earnings from our offshore wind farms and thus our core ...
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