Wind power developer Orsted sees 2025 core profit in line with or higher than in 2024
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Orsted, the leading offshore wind power developer, anticipates its core profit in 2025 to be in line with or higher than in 2024. This announcement follows a reduction in investment plans, which has positively impacted its share price.
February 06, 2025 | 9:45 am
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Orsted's announcement of expected core profit in 2025 being equal to or higher than 2024, following a cut in investment plans, has led to a rise in its share price.
The news indicates a positive outlook for Orsted's financial performance, which is likely to boost investor confidence and drive the share price up. The reduction in investment plans may also be seen as a strategic move to optimize profitability.
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