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    ORSTED   DK0060094928

ORSTED A/S

(ORSTED)
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Ørsted A/S Appoints Neil O’Donovan as CEO of the Onshore Business and New Member of the Executive Committee, Effective 15 September 2021

09/15/2021 | 03:01am EDT

Ørsted A/S has appointed Neil O’Donovan as CEO of the Onshore business and new member of the Executive Committee as of 15 September 2021. Neil O’Donovan has acted as interim CEO of the business unit since 3 August 2021 and has been Chief Operating Officer (COO) of Ørsted Onshore since 2018. Neil O’Donovan will be based in Dublin and will also work from Onshore’s other locations, leading the continued expansion of Onshore in the US, Europe, and globally. Since the former CEO of Ørsted Onshore, Declan Flanagan, resigned from his position in the beginning of August this year, Neil O’Donovan has been acting as interim CEO. Simultaneously, Ørsted has conducted a thorough recruitment process, evaluating both internal and external candidates, and have concluded that Neil O’Donovan is the best candidate for the permanent position as Executive Vice President and CEO of Onshore.


© S&P Capital IQ 2021
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Analyst Recommendations on ORSTED A/S
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Financials
Sales 2021 55 901 M 8 743 M 8 743 M
Net income 2021 11 688 M 1 828 M 1 828 M
Net Debt 2021 23 874 M 3 734 M 3 734 M
P/E ratio 2021 33,2x
Yield 2021 1,36%
Capitalization 382 B 59 661 M 59 668 M
EV / Sales 2021 7,25x
EV / Sales 2022 7,17x
Nbr of Employees 6 472
Free-Float 44,8%
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 26
Last Close Price 908,00 DKK
Average target price 1 001,25 DKK
Spread / Average Target 10,3%
EPS Revisions
Managers and Directors
Mads Nipper Group President & Chief Executive Officer
Marianne Wiinholt Chief Financial Officer
Thomas Thune Andersen Chairman
Richard Hunter Chief Operating Officer
Lene Skole-Sørensen Deputy Chairman
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