ClaimsØrsted

“Wind Power's EBITDA increased by 74% to DKK 20.6 billion.”

Ørsted February 2018 Annual report 2017 - Strong results support Ørsted's green transformation (Ørsted) archived copy

Factual Their own work or organisation

Ørsted's Wind Power EBITDA increased by 74% to DKK 20.6 billion in 2017.

Resolved true The record shows it happened or was so.

Factual: Statements about the present or the past, checked against the record: did they hold up?

What would count as true or false

True if Ørsted's 2017 annual report shows Wind Power EBITDA of DKK 20.6 billion, up about 74% from 2016. Mostly true if the EBITDA is within ±0.2 billion or the growth rate is within a few percentage points. Mixed if one of the two numbers is materially off. False if both are materially off.

Set before the research began.

Evidence (2)

  1. E1 Ørsted Annual report 2017 Ørsted · February 2018 Own record

    “Wind Power’s EBITDA increased by 74% to DKK 20.6 billion, of which the farm-downs of 50% of Walney Extension and Borkum Riffgrund 2 accounted for almost half”

  2. E2 [PDF] Ørsted Summary 2017 Ørsted Own record

    “Wind Power’s EBITDA increased by 74% to DKK 20.6 billion, of which the farm-downs of 50% of Walney Extension and Borkum Riffgrund 2 accounted for almost half”

Reasoning

The resolution criteria tie the claim to Ørsted's 2017 annual report. E1, the published annual report itself, states that Wind Power's EBITDA increased by 74% to DKK 20.6 billion, and E2, the 2017 summary report, gives the same figures. Both sources come from the subject, but the criteria name the annual report as the reference, so the claim resolves true.

Cite this claim

Ørsted, “Ørsted's Wind Power EBITDA increased by 74% to DKK 20.6 billion in 2017.” (said February 2018). Verdict: resolved true. Reliability API, claim c_6849d3c7cd6f, method 0.1.0+7831dd9d, dataset release v1.1.2. https://epistacklabs.com/claims/c_6849d3c7cd6f

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

For Ørsted, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

More factual claims by Ørsted

  1. Mostly true Factual 13 August 2026
    “The increase was primarily driven by earnings from the construction agreement for Hornsea 3.”

    Ørsted's Q2 2026 offshore EBITDA increase (DKK 4.4 billion vs DKK 4.0 billion) was primarily driven by earnings from the Hornsea 3 construction agreement.

  2. Resolved true Factual 13 August 2026
    “EBITDA excluding new partnerships and cancellation fees in our offshore business amounted to DKK 11.9 billion in the first half of 2026, compared with DKK 10.3 billion last year, primarily driven by…”

    Ørsted's offshore EBITDA excluding new partnerships and cancellation fees was DKK 11.9 billion in H1 2026 versus DKK 10.3 billion in H1 2025, primarily driven by higher wind speeds and higher prices.

  3. Resolved true Factual 6 May 2026
    “Net profit for the period totalled DKK 2.6 billion. This was affected by non-cash tax effects and impairments due to the higher long-dated US interest rates.”

    Ørsted's net profit for Q1 2026 was DKK 2.6 billion, affected by non-cash tax effects and impairments due to higher long-dated US interest rates.

  4. Resolved true Factual 7 June 2023
    “At present, Ørsted operates 15.5 GW of renewable energy assets, while 4.9 GW are under construction across technologies.”

    Ørsted currently operates 15.5 GW of renewable energy assets, with 4.9 GW under construction.

  5. Resolved true Factual 7 June 2023
    “was the first energy company in the world to have its science-based net-zero emissions target validated by the Science Based Targets initiative (SBTi)”

    Ørsted was the first energy company in the world to have its science-based net-zero emissions target validated by the Science Based Targets initiative.

All of them

Verdicts are made automatically; how verdicts are made.