Orsted Earnings Seen Weighed by Cancellation Fees, Impairments -- Market Talk

Dow Jones

Jul 11, 2025

1315 GMT - Orsted's second quarter will likely be hurt by 3 billion to 3.5 billion Danish kroner of cancellation fees at the Ebitda level related to the cancellation of the Hornsea 4 project, HSBC analysts write. The bank also models 1.8 billion kroner of U.S. tariff impairments, while a capital gain of 2.8 billion kroner from the sale of a stake in the West of Duddon Sands wind farm will help offset costs. Muted wind resources will also weigh, HSBC adds. The bank forecasts second-quarter Ebitda excluding new partnerships and cancellation fees of 4.95 billion kroner and expects the full-year figure to come in at 25.7 billion kroner, in line with company guidance. Shares fall 0.8%. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

July 11, 2025 09:15 ET (13:15 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2550710956"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2550710956\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2550710956?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-11 21:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2550710956","market":"nz","top_or_hot":-1,"title":"Orsted Earnings Seen Weighed by Cancellation Fees, Impairments -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1315 GMT - Orsted's second quarter will likely be hurt by 3 billion to 3.5 billion Danish kroner of cancellation fees at the Ebitda level related to the cancellation of the Hornsea 4 project, <a href=\"https://laohu8.com/S/HSBC\">HSBC</a> analysts write. The bank also models 1.8 billion kroner of U.S. tariff impairments, while a capital gain of 2.8 billion kroner from the sale of a stake in the West of Duddon Sands wind farm will help offset costs. Muted wind resources will also weigh, HSBC adds. The bank forecasts second-quarter Ebitda excluding new partnerships and cancellation fees of 4.95 billion kroner and expects the full-year figure to come in at 25.7 billion kroner, in line with company guidance. Shares fall 0.8%. (dominic.chopping@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 11, 2025 09:15 ET (13:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Orsted Earnings Seen Weighed by Cancellation Fees, Impairments -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOrsted Earnings Seen Weighed by Cancellation Fees, Impairments -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-11 21:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1315 GMT - Orsted's second quarter will likely be hurt by 3 billion to 3.5 billion Danish kroner of cancellation fees at the Ebitda level related to the cancellation of the Hornsea 4 project, <a href=\"https://laohu8.com/S/HSBC\">HSBC</a> analysts write. The bank also models 1.8 billion kroner of U.S. tariff impairments, while a capital gain of 2.8 billion kroner from the sale of a stake in the West of Duddon Sands wind farm will help offset costs. Muted wind resources will also weigh, HSBC adds. The bank forecasts second-quarter Ebitda excluding new partnerships and cancellation fees of 4.95 billion kroner and expects the full-year figure to come in at 25.7 billion kroner, in line with company guidance. Shares fall 0.8%. (dominic.chopping@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 11, 2025 09:15 ET (13:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0516422440.USD","symbol_name":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2550710956","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2550710956","pubTimestamp":1752239700,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1315 GMT - Orsted's second quarter will likely be hurt by 3 billion to 3.5 billion Danish kroner of cancellation fees at the Ebitda level related to the cancellation of the Hornsea 4 project, HSBC analysts write. The bank also models 1.8 billion kroner of U.S. tariff impairments, while a capital gain of 2.8 billion kroner from the sale of a stake in the West of Duddon Sands wind farm will help offset costs. Muted wind resources will also weigh, HSBC adds. The bank forecasts second-quarter Ebitda excluding new partnerships and cancellation fees of 4.95 billion kroner and expects the full-year figure to come in at 25.7 billion kroner, in line with company guidance. Shares fall 0.8%. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","LU0417516738.SGD":"Allianz Hong Kong Equity AT Acc SGD","BK1231":"综合性银行","LU0540923850.HKD":"ALLIANZ HONG KONG EQUITY \"A\" (HKD) INC","BK4588":"碎股","BK4521":"英国银行股","LU0516423174.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (USD) ACC","LU1481107354.HKD":"HSBC GIF HONG KONG EQUITY \"AD\" (HKD) INC","BK1610":"ETF&股票定投概念","LU0634319403.HKD":"ALLIANZ HONG KONG EQUITY \"AT\" (HKD) ACC","LU0149721374.USD":"HSBC GIF HONG KONG EQUITY \"AD\" INC","LU0516423091.SGD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","BK1572":"香港银行股","00005":"汇丰控股","LU0516422366.SGD":"Fullerton Lux Funds - Asia Focus Equities A Acc SGD","HSHD.SI":"HSBC HK SDR 5to1","BK4207":"综合性银行","HSBC":"汇丰","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","HSBA.UK":"汇丰控股有限公司","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK1601":"香港本地股","03143":"华夏香港银行股","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0164880469.USD":"HSBC GIF HONG KONG EQUITY \"AC\" ACC","LU0348735423.USD":"ALLIANZ HONG KONG EQUITY \"A\" (USD) INC","BK4585":"ETF&股票定投概念"},"translate_title":"Orsted盈利受到取消费、减值的影响——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03143":0.6,"HSHD.SI":0.6,"HSBA.UK":0.6,"00005":0.75,"HSBC":0.6},"content_text":"1315 GMT - Orsted's second quarter will likely be hurt by 3 billion to 3.5 billion Danish kroner of cancellation fees at the Ebitda level related to the cancellation of the Hornsea 4 project, HSBC analysts write. The bank also models 1.8 billion kroner of U.S. tariff impairments, while a capital gain of 2.8 billion kroner from the sale of a stake in the West of Duddon Sands wind farm will help offset costs. Muted wind resources will also weigh, HSBC adds. The bank forecasts second-quarter Ebitda excluding new partnerships and cancellation fees of 4.95 billion kroner and expects the full-year figure to come in at 25.7 billion kroner, in line with company guidance. Shares fall 0.8%. (dominic.chopping@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 11, 2025 09:15 ET (13:15 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}