- Denmark
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- Renewable Energy
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- CPSE:ORSTED
Ørsted Full Year 2024 Earnings: kr.2.20 loss per share (vs kr.50.11 loss in FY 2023)
Ørsted (CPH:ORSTED) Full Year 2024 Results
Key Financial Results
- Revenue: kr.71.0b (down 10% from FY 2023).
- Net loss: kr.923.0m (loss narrowed by 96% from FY 2023).
- kr.2.20 loss per share (improved from kr.50.11 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ørsted Earnings Insights
Looking ahead, revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Renewable Energy industry in Europe.
Performance of the market in Denmark.
The company's shares are up 7.3% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Ørsted has 1 warning sign we think you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if Ørsted might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About CPSE:ORSTED
Ørsted
Owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage and renewable hydrogen facilities, and bioenergy plants.
Fair value with moderate growth potential.
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