Jiahuang Capital: Woxu Energy announces solid performance.
Alexander Wheeler, a capital market analyst at Jia Huang, wrote that rsted Energy has announced solid performance, with all data meeting expectations and reiterating performance forecasts. The full-year adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) was 25.1 billion Danish krone, slightly below the average expectation of 25.3 billion Danish krone; the reported EBITDA was 22.4 billion Danish krone, slightly below the average expectation of 22.7 billion Danish krone. The EBITDA forecast for 2026 remains unchanged at over 28 billion Danish krone. Due to the proceeds from the company's rights issue and asset divestments, its operational cash flow to net debt ratio reached 43%. Wheeler stated, "There are clear signs that the balance sheet is stronger after the asset divestment plan." The focus of the investor conference call will be on the company's U.S. projects, where the company successfully appealed for the continued construction of the Revolution and Sunrise projects. The company's stock price rose by 3.6%.
Latest

