Preliminary Q4 2022 Orsted A/S Earnings Call Transcript
Welcome to the Ãrsted Conference Call. For the first part of this call, all participants are in a listen-only mode. Afterwards, there'll be a question-and-answer session. (Operator Instructions). This call is being recorded.
Today, I'm pleased to present Mads Nipper, CEO; and Daniel Lerup, CFO. Speakers, please begin.
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Good morning, everyone, and thank you very much for joining the conference call. Yesterday evening, we published our preliminary and unaudited EBITDA for 2022 as well as our expectations for 2023. In a year with higher unusual market conditions, not least the very volatile energy prices and a substantial increase in inflation, we are pleased to achieve our latest 2022 EBITDA guidance which is, in fact, above our initial expectations for the year.
The significant volatility throughout the year led however, to a very different composition of our earnings mix than we had expected. We benefited
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