Orsted AS (XTER:D2G)
€ 52.74 -0.16 (-0.3%) Market Cap: 22.08 Bil Enterprise Value: 30.57 Bil PE Ratio: 32.80 PB Ratio: 1.90 GF Score: 83/100

Q4 2023 Oersted A/S Earnings Press Conference Transcript

Feb 07, 2024 / 08:00AM GMT
Release Date Price: €50.44 (-3.22%)
Operator

Hello, and welcome to the Orsted annual report conference call for the media. My name is Alex. I'll be coordinating the call today. (Operator Instructions)

Please note that this call is the media briefing. And there will be a separate call for analysts and investors later today.

I'll now hand it over to your host, Mads Nipper, CEO, to begin. Please go ahead.

Mads Nipper;rsted A;S;CEO
Ã;Group President & Member of Executive Board

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Thank you very much, and good morning, everyone, and welcome to this press briefing. My name is Mads Nipper, the CEO of Orsted. And with me today is our Interim CFO, Rasmus Errboe. Yesterday, we announced our Capital Markets update and our annual results for 2023. Let me introduce the news and then we'll be happy to take any questions from you. As with the rest of the industry, we have felt the impact of market challenges over the past 2 years. And 2023 marked a year with substantial challenges for Orsted, despite strong underlying progress and

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