Ørsted A/S (DNNGY) Q1 2026 Earnings Call May 6, 2026 8:00 AM EDT
Company Participants
Rasmus Errboe - CEO, Chief Commercial Officer, Member of the Executive Board & Group President
Trond Westlie - Executive VP, CFO & Member of Executive Board
Conference Call Participants
Harry Wyburd - BNP Paribas, Research Division
Peter Bisztyga - BofA Securities, Research Division
Lars Heindorff - Nordea Markets, Research Division
Alberto Gandolfi - Goldman Sachs Group, Inc., Research Division
Mark Freshney - UBS Investment Bank, Research Division
Ahmed Farman - Jefferies LLC, Research Division
Dominic Nash - Barclays Bank PLC, Research Division
Robert Pulleyn - Morgan Stanley, Research Division
Louis Boujard - ODDO BHF Corporate & Markets, Research Division
Richard Alderman
Deepa Venkateswaran - Bernstein Institutional Services LLC, Research Division
James Carmichael - Joh. Berenberg, Gossler & Co. KG, Research Division
Presentation
Operator
Ladies and gentlemen, welcome to the Ørsted Interim Report for the First Quarter of 2026 Conference Call. I'm Sergen, the Chorus Call operator. [Operator Instructions] And the conference being recorded. [Operator Instructions] At this time, it's my pleasure to turn over to Group President and COO, Rasmus Errboe; and CFO, Trond Westlie. Speakers, please begin.
Rasmus Errboe
CEO, Chief Commercial Officer, Member of the Executive Board & Group President
Hello, everyone, and thank you for joining today's call.
As the world enters its second energy crisis in only 5 years, it is clear that dependence on imported fossil fuels comes at an unacceptably high price for society. Recent events in the Middle East have increased volatility in global energy markets and led to higher energy prices threatening to affect both growth and disposable income. And even if hostilities are rapidly brought to a halt, we can expect the global energy supply and energy markets to take a long time to normalize.
Energy security has become crucial to ensure the resilience and sovereignty
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