Ørsted has revised its full-year 2025 EBITDA guidance, excluding new partnerships and cancellation fees, to between DKK 24 billion and DKK 27 billion. The previous range was DKK 25 billion to DKK 28 billion. Gross investment guidance of DKK 50 billion to DKK 54 billion remains unchanged.
The reduction is mainly due to lower-than-normal offshore wind speeds in July and August, which have negatively affected EBITDA by around DKK 1.2 billion compared to normalised conditions. In addition, a delay in the Greater Changhua 2b construction project is expected to reduce EBITDA in 2025 by about DKK 0.3 billion. Ørsted stated that the adjustment does not affect its medium-term targets.
