The world's largest offshore wind farm developer has seen extraordinarily poor wind conditions during the year's first seven months.
According to Ørsted, this stratospheric fact entailed that its earnings before interest, taxes, depreciations and amortizations ended up around DKK 900m (EUR 121m) lower than they would have been during a normal wind year. And, further, that expectations of the year weren't just pushed down to the lower end of its announced spread of DKK 15-16bn in EBITDA. But that this forecast is also under the assumption that all remaining months of the year will see just as much wind as in the average year.
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