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Investor Presentaiton

Group - Financial highlights Financial highlights EBITDA Q1 2023 Q1 2022 A FY 2022 FY 2021 A DKKm 6,910 9,429 (27%) 32,057 24,296 32% - New partnerships 1,610 n.a. 10,993 8,507 29% - EBITDA excl. new partnerships 6,910 7,819 (12%) 21,064 15,789 33% ⚫ Offshore 5,412 5,919 (9%) 19,569 18,021 9% Onshore 834 850 (2%) 3,644 1,349 170% Bioenergy & Other 517 2,514 (79%) 8,619 4,747 82% Operating profit (EBIT) 4,472 7,301 (39%) 19,774 16,195 22% Total net profit 3,202 5,701 (44%) 14,996 10,887 38 % Operating cash flow 10,119 (37) n.a. 11,924 12,148 (2%) Gross investments (8,768) (6,832) 28% Divestments Free cash flow (16) 1,335 1,927 n.a. 25,636 (37,447) (39,307) 21,519 (5%) 19% (4,942) n.a. 113 (5,640) n.a. Net interest-bearing debt 35,261 30,026 17% 30,571 24,280 26% FFO/Adjusted net debt¹ % 37.4 37.5 0%p 42.7 26.3 16%p ROCE¹ % 13.8 19.0 (5%p) 16.8 14.8 2%p 27 Orsted
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