Orsted AS (OTCPK:DNNGY)
$ 17.43 -0.635 (-3.52%) Market Cap: 21.97 Bil Enterprise Value: 31.72 Bil PE Ratio: 29.20 PB Ratio: 1.77 GF Score: 85/100

Q1 2024 Oersted A/S Earnings Call Transcript

May 02, 2024 / 12:00PM GMT
Release Date Price: $18.81 (+2.67%)
Operator

Good afternoon, ladies and gentlemen. Welcome to the Ãrsted Q1 2024 Earnings Call. (Operator Instructions) Today's speakers are our Group President and CEO, Mads Nipper; CFO, Trond Westlie. Gentlemen, 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 hello, everyone, and thank you for joining our earnings call. First of all, I'm very happy to be joined today by you, Trond, our newly appointed CFO, Trond Westlie. Trond has strong competencies and experience from his career as CFO in several global-listed companies such as A.P. Møller - Maersk Group, Moller Maersk, Telenor and Aker Kvaerner. I will leave the word to Trond for introductory remarks when I hand over for the financials. We decided to change and simplify the executive management structure at Ãrsted to further sharpen the company's focus on project execution, financial discipline and value creation.

As part of the new management structure, we have established a new

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