- Ørsted maintains its full-year EBITDA forecast between DKK 24 billion and DKK 27 billion despite missing third-quarter estimates.
- Expected gross investments remain between DKK 50 billion and DKK 54 billion.
- Third-quarter EBITDA came in at DKK 3.06 billion, falling short of the DKK 3.92 billion expected.
- Offshore wind power EBITDA was DKK 2.22 billion, below the estimated DKK 3.08 billion.
- Onshore wind power EBITDA reached DKK 828 million, slightly missing the forecast of DKK 866 million.
- Bioenergy and other segments faced a negative EBITDA of DKK 127 million against a positive estimate of DKK 62.3 million.
- Revenue for the third quarter was DKK 12.27 billion, under the expected DKK 15.42 billion.
- Offshore wind power revenue amounted to DKK 8.78 billion, not meeting the DKK 9.7 billion forecast.
- Onshore wind power revenue totaled DKK 764 million, below the projected DKK 909.2 million.
- Bioenergy and other revenue were closely aligned with expectations at DKK 2.86 billion compared to an estimate of DKK 2.9 billion.
- The EBIT loss was DKK 1.12 billion, which was better than the estimated loss of DKK 1.82 billion.
- Pretax loss stood at DKK 1.53 billion, ahead of the projected loss of DKK 2.69 billion.
- The net loss was DKK 1.70 billion, less severe than the expected loss of DKK 2.41 billion.
- CEO Rasmus Errboe mentioned an 8% increase in generation compared to Q3 2024, driven by higher offshore availability rates and increased production from the Gode Wind 3 project in Germany.
- Ørsted’s strategic focus remains on solidifying its position as a global leader in offshore wind, particularly in Europe.
- Current analyst recommendations include 10 buys, 20 holds, and 4 sells for Ørsted’s stock.
Orsted AS on Smartkarma
Analyst coverage of Ørsted AS on Smartkarma by Jesus Rodriguez Aguilar provides valuable insights for investors. In the report titled “Ørsted: New Shares 10 Oct | Single-Line Supply/Digestion“, Rodriguez Aguilar advises to fade the listing flush and buy post-listing weakness with tight risk. With the new shares listing on 10th October, a brief supply pulse followed by digestion is expected. The trade stance recommended is to target specific buying levels and maintain a hard stop for risk management.
In Rodriguez Aguilar’s report “Ørsted: Rights Trading Update | Parity Tightening, Fade the Listing Flush“, he suggests buying the listing flush and targeting specific price ranges as the rights issue progresses. The report details the expected supply pulse towards certain price levels before gradual clearing. Investors are advised to engage in arbitrage opportunities only at clear discounts and to watch for borrow tightening. This comprehensive analysis assists investors in making informed decisions amidst potential listing-day pressures.
A look at Orsted AS Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Orsted A/S, a company providing utility services globally, seems to have a promising long-term outlook based on Smartkarma Smart Scores. With a high momentum score of 5, Orsted shows strong potential for continued growth and positive performance in the market. Additionally, the company scores well in value with a score of 4, indicating that it is considered to be undervalued compared to its intrinsic worth. This suggests that Orsted could be an attractive investment option for those seeking value in the market.
Although Orsted’s dividend score is low at 1, the company demonstrates resilience and growth potential with scores of 3 in both categories. This indicates that Orsted has the capacity to withstand market fluctuations and has prospects for expansion in the future. Overall, Orsted A/S presents a compelling picture for investors looking for a blend of value, growth, and momentum in the utility services sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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