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Investor Presentaiton

Group - Financial highlights FINANCIAL HIGHLIGHTS EBITDA - New partnerships - EBITDA excl. new partnerships Q1 2022 Q1 2021 A FY 2021 FY 2020 A DKKm 9,429 4,863 94% 24,296 18,124 34% 1,610 n.a. 8,507 n.a. 7,819 4,863 61% 15,789 18,124 (13%) Offshore 5,919 3,946 50% 18,021 14,750 22% ⚫ Onshore 850 228 273% 1,349 1,131 19% Bioenergy & Other 2,514 622 304% 4,747 2,136 122 % Operating profit (EBIT) 7,301 2,933 149% 16,195 10,536 54% Total net profit 5,701 1,598 257% 10,887 16,716 (35%) Operating cash flow (37) 8,087 n.a. 12,148 16,466 (26%) Gross investments (6,832) (6,665) 3% (39,307) (26,967) 46% Divestments 1,927 (31) n.a. 21,159 19,039 13% Free cash flow - continuing operations (4,942) 1,391 n.a. (5,640) 8,538 n.a. Net interest-bearing debt 30,026 13,190 128 % 24,280 12,343 97% FFO/Adjusted net debt¹ % 25.0 59.4 (34%p) 31.3 65.0 (34 %p) ROCE¹ % 19.0 7.5 12%p 14.8 9.7 26 1. Last 12 months 5%p Orsted
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