Finance
Offshore developer Orsted Q4 core profit slightly lags forecast
Published by Global Banking & Finance Review®
Posted on February 6, 2026
1 min readLast updated: February 6, 2026
Quick Summary
Orsted's Q4 profit slightly misses expectations, with a 2026 forecast above 28 billion Danish crowns. Future partnerships and fees are key focus areas.
Offshore developer Orsted Q4 core profit slightly lags forecast
Orsted's Fourth Quarter Financial Performance
COPENHAGEN, Feb 6 (Reuters) - Denmark's Orsted reported on Friday a fourth-quarter profit before depreciation, amortisation, excluding new partnerships and cancellation fees slightly below estimates and said it expected core profit for 2026 above 28 billion Danish crowns ($4.42 billion), matching a target shared in January.
Profit Overview
"We're focusing on offshore wind in Europe and select markets in APAC (Asia-Pacific) where we'll continue to build on our position as the global leader in offshore wind," the company said in a statement.
Focus on Offshore Wind
Operating profit before interest, tax, depreciation and amortisation (EBITDA), excluding new partnerships and cancellation fees rose to 8.10 billion Danish crowns from a year-earlier 7.55 billion, just below an average forecast of 8.24 billion in a company provided poll.
EBITDA Growth
($1 = 6.3294 Danish crowns)
(Reporting by Louise Rasmussen, editing by Anna Ringstrom and Terje Solsvik)
Key Takeaways
- •Orsted's Q4 profit slightly below expectations.
- •2026 core profit forecast above 28 billion Danish crowns.
- •Focus on future partnerships and fee adjustments.
- •Danish crowns to USD conversion rate provided.
- •Reported by Louise Rasmussen, edited by Anna Ringstrom and Terje Solsvik.
Frequently Asked Questions about Offshore developer Orsted Q4 core profit slightly lags forecast
1What is core profit?
Core profit refers to the earnings generated from a company's primary business operations, excluding any income from non-operational activities such as investments or asset sales.
2What are depreciation and amortization?
Depreciation is the reduction in value of tangible assets over time, while amortization refers to the gradual write-off of intangible assets. Both are used to allocate costs over the useful life of an asset.