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    ORSTED   DK0060094928

ORSTED A/S

(ORSTED)
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Orsted Offshore Wind Farm Secures Polish Contract for Difference

04/07/2021 | 11:36am EDT

By Adriano Marchese

Orsted AS said Wednesday that it was awarded a contract for difference by the Polish energy regulator to its offshore wind farms with a total capacity of 2.5 gigawatts.

The Danish renewable energy developer said the contracts awarded by the Polish Energy Regulatory Office will be serviced by the Polish part of its Baltic Sea wind farms, Baltica 3 and Baltica 2.

"Baltica 3 and 2 will contribute significantly to Poland's green energy transition, accelerate the development of the local supply chain and spur economic activity for many years to come," the company said.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

04-07-21 1336ET

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Financials
Sales 2021 55 148 M 8 891 M 8 891 M
Net income 2021 13 019 M 2 099 M 2 099 M
Net Debt 2021 22 284 M 3 593 M 3 593 M
P/E ratio 2021 32,7x
Yield 2021 1,25%
Capitalization 415 B 66 845 M 66 885 M
EV / Sales 2021 7,93x
EV / Sales 2022 7,46x
Nbr of Employees 6 179
Free-Float 44,8%
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Technical analysis trends ORSTED A/S
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TrendsBullishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 26
Average target price 1 068,88 DKK
Last Close Price 987,60 DKK
Spread / Highest target 72,1%
Spread / Average Target 8,23%
Spread / Lowest Target -44,3%
EPS Revisions
Managers and Directors
NameTitle
Mads Nipper Group President & Chief Executive Officer
Marianne Wiinholt Chief Financial Officer
Thomas Thune Andersen Chairman
Lene Skole-Sørensen Deputy Chairman
Lynda Anne Armstrong Independent Director
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