Earnings Call Summary | ORSTED A/S UNSP ADR EACH REPR 0.333 ORD SHS(DNNGY.US) Q4 2023 Earnings Conference
Earnings Call Summary | ORSTED A/S UNSP ADR EACH REPR 0.333 ORD SHS(DNNGY.US) Q4 2023 Earnings Conference
The following is a summary of the Ørsted A/S (DNNGY) Q4 2023 Earnings Call Transcript:
以下是Ørsted A/S（DNNGY）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Ørsted Q4 results showed underlying business results approximately DKK1 billion above the guided range.
The company reported a 12.9% return on capital employed as well as an impairment of DKK26.8 billion, lower than anticipated due to decreased interest rates.
The overall 2023 earnings before partnerships and cancellation fees totalled DKK24 billion.
The company is expecting to save an estimated DKK1 billion in '26 compared to '23 on a like-for-like basis.
In 2023, EBITDA yielded DKK24 billion, DKK1 billion above guidance, and DKK3 billion higher than 2022.
EBITDA for 2024 is anticipated to materialize between DKK23 billion and DKK26 billion.
Following the cancellation of the Ocean Wind project, there will be a reduction in CapEx by DKK35 billion between 2024 and 2026.
Ørsted第四季度的業績顯示，基礎業務業績比指導區間高出約10億丹麥克朗。
該公司報告稱，由於利率下降，動用資本回報率爲12.9％，減值爲268億丹麥克朗，低於預期。
2023 年扣除合作伙伴關係和取消費用的總收益總額爲 DKK24 億美元。
與23年相比，該公司預計在26年將節省約10億丹麥克朗。
2023年，息稅折舊攤銷前利潤爲 DKK24 億丹麥克朗，比預期高出10億丹麥克朗，比2022年高出30億丹麥克朗。
預計2024年的息稅折舊攤銷前利潤將在 DKK23 億美元至 DKK26 億美元之間。
海風項目取消後，2024年至2026年間資本支出將減少 DKK35 億美元。
Business Progress:
業務進展：
In 2023, Ørsted achieved 4.5 gigawatts of final investment decisions and removed 600 to 800 positions for increased competitiveness.
The company initiated several operational measures to manage risks and streamline the business plan.
Ørsted cut down expected installed capacity to between 35 to 38 gigawatts by 2030, while also implementing a three-year dividend vacation.
The company made strategic decisions to exit some offshore markets, including Norway, Spain, and Portugal, with continued onshore operations in Spain.
The CapEx program is brought down by a third to about DKK270 billion, with 70% devoted to offshore projects.
Ørsted also plans a DKK70 billion to DKK75 billion CapEx investment on Hornsea 3, backed by permits and CPI-inflation-indexed CfD agreements.
The company is augmenting pre-FID commitments scrutiny and contingency planning to secure installation capacity in advance.
Despite pausing dividends for 2023, '24, and '25, Ørsted is still planning growth in installed gigawatts between 2024 and 2026 and expects to reinstate dividends from the year 2026.
2023年，奧斯特德實現了4.5千兆瓦的最終投資決策，並裁掉了600至800個職位，以提高競爭力。
該公司啓動了多項運營措施來管理風險和簡化業務計劃。
到2030年，Ørsted將預期的裝機容量削減至35至38千兆瓦之間，同時還實施了爲期三年的分紅假期。
該公司做出了戰略決策，退出一些離岸市場，包括挪威、西班牙和葡萄牙，並繼續在西班牙開展陸上業務。
資本支出計劃減少了三分之一，至約 DKK270 億美元，其中 70% 專門用於海上項目。
Ørsted還計劃在許可證和CPI通脹指數差價合約協議的支持下，對Hornsea 3進行 DKK70 億至 DKK75 億美元的資本支出投資。
該公司正在加強FID前的承諾審查和應急計劃，以提前確保安裝能力。
儘管暫停了2023年、24年和25年的分紅，但奧斯特德仍計劃在2024年至2026年間增加裝機千兆瓦，並預計將從2026年起恢復分紅。
More details: ORSTED A/S UNSP ADR EACH REPR 0.333 ORD SHS IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。