Ørsted shares plunge more than 20% as windfarm maker warns of $2.3 billion U.S. impairment charge

France Nouvelles Nouvelles

Ørsted shares plunge more than 20% as windfarm maker warns of $2.3 billion U.S. impairment charge
France Dernières Nouvelles,France Actualités
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 97%

Ørsted shares are down 22% after world's biggest offshore windfarm developer said it might record a DKK16 billion ($2.3 billion) impairment on its U.S....

Shares in Denmark-listed Ørsted plummeted 22% to their lowest in more than four years after the world’s biggest offshore windfarm developer warned Wednesday it might record a 16 billion Danish kroner impairment on its U.S. operations.

The company said it did not expect the potential charges to impact its EBITDA guidance for the year, with David Hardy, Chief Executive of Orsted Americas, adding: “The U.S. offshore wind market remains attractive in the long term. We will continue to work with our stakeholders to explore all options to improve our near-term projects.”

“Core inflation [is] more resilient than expected,” said analysts at Citi in a note. “The weighted average monthly CPI increase across the [German] 6 states which have reported so far and account for 68% of CPI is 0.36% month-on-month, is slightly ahead of expectations.” “Hurricane Idalia hurtling towards Florida threatens disruption to output and power generation in the Gulf of Mexico… At the same time U.S. crude stockpiles slid by more than expected last week, dropping by 11.5 million, way higher than the 2.9 million fall expected,” Streeter added.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

MarketWatch /  🏆 3. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Orsted plunges 20% on risk of $2.3 billion in US impairmentsOrsted plunges 20% on risk of $2.3 billion in US impairmentsDenmark's Orsted , the world's largest offshore wind farm developer, said on Wednesday it may see U.S. impairments of 16 billion Danish crowns ($2.3 billion) due to supply chain problems, soaring interest rates and a lack of new tax credits.
Lire la suite »

I Would Feel Too Greedy If I Didn't Share These 20 Target ProductsI Would Feel Too Greedy If I Didn't Share These 20 Target ProductsWhen you see something you gotta say something.
Lire la suite »

22 Everyday Quick Fixes That Fit In A Small Bag22 Everyday Quick Fixes That Fit In A Small BagCaffeine-infused gum, stain-removing pens, a compact charging station, and more smol items to bring with you on the go.
Lire la suite »

Vallejo police officer who shot, killed 22-year-old Sean Monterrosa gets job back, official saysVallejo police officer who shot, killed 22-year-old Sean Monterrosa gets job back, official saysJarrett Tonn shot and killed Sean Monterrosa from the backseat of an unmarked police vehicle through the windshield in June 2020.
Lire la suite »

Oh, Nothing, Just 22 Celebrities People Think Are Ageing Like Damn Fine WineOh, Nothing, Just 22 Celebrities People Think Are Ageing Like Damn Fine Wine'She's a vampire 4sho.'
Lire la suite »



Render Time: 2025-03-04 19:32:46