DONG Energy with strong progress and positive outlook

Image: DONG with strong strategic progress and raised outlook for the year Image: DONG with strong strategic progress and raised outlook for the year
Danish developer DONG Energy has released their latest figures for 2017.

Official Press Release DONG Energy:

Strong strategic progress and raised outlook for the year

Full-year EBITDA outlook raised from DKK 15-17 billion to DKK 17-19 billion / Growth in underlying operating profit (EBITDA) of 74% in Q2 2017 / Agreement on divestment of the oil and gas business to INEOS

Agreement on farm down of 50% of the German offshore wind farm Borkum Riffgrund 2 to Global Infrastructure Partners First power from Race Bank and inauguration of the Burbo Bank Extension and Gode Wind offshore wind farms Partnership agreement with US-based Dominion Energy on offshore wind project in Virginia Operating profit (EBITDA) increased by DKK 1.8 billion and amounted to DKK 4.4 billion in Q2 2017 Underlying operating profit (EBITDA) rose by 74% due to higher earnings from ramp up of new offshore wind farms... ... More: Official Press Release DONG Energy

DONG Energy, outlook, profit

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