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Ørsted Q2 2026 net profit falls 79% to $106m

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Sig2.98Sen-4.80Env0.00Soc0.00Gov0.00

Ørsted reported Q2 2026 net profit of DKr687m ($106m), down 79% year-on-year. EBITDA fell 18% to DKr5.4bn, though EBITDA excluding partnership and cancellation fees rose 2%. Operating cash flow dropped 64% to DKr2.6bn, while free cash flow increased to DKr1.3bn. Offshore generated higher EBITDA, helped by Hornsea 3 construction agreement earnings.

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