ClaimsØrsted

“EBITDA from our offshore business amounted to DKK 7.5 billion, which was an increase of DKK 1.2 billion compared to the same period last year.”

Ørsted 6 May 2026 Ørsted delivers progress and strong operational performance (Ørsted) archived copy

Factual Their own work or organisation

Ørsted's offshore business EBITDA in Q1 2026 was DKK 7.5 billion, up DKK 1.2 billion from the same period last year.

Unresolvable The public record could not settle it.

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 Q1 2026 offshore EBITDA was DKK 7.5bn and Q1 2025 offshore EBITDA was about DKK 6.3bn (increase DKK 1.2bn), rounding to one decimal. Mostly true if either figure is off by ≤0.1–0.2bn with an increase still shown. Mixed if the level matches but the increase is materially different, or vice versa. Mostly false if both are materially off but EBITDA still rose. False if offshore EBITDA did not increase or figures are substantially different.

Set before the research began.

Evidence (3)

  1. E1 Interim financial report Q1 2025.pub Ørsted A/S · 7 May 2025 Own record

    “EBITDA from our offshore sites amounted to DKK 7.7 billion, which was an increase of DKK 0.7 billion (10 %) compared to the same period last year, mainly driven by ramp-up of generation and higher availability.”
  2. E2 Interim financial report Q1 2026.pub Ørsted A/S · 27 August 2026 Own record

    “EBITDA excluding new partnerships and cancellation fees increased 11% amounted to DKK 9.5 billion in Q1 2026, compared to DKK 8.9 billion in the same period last year.”
  3. E3 Interim financial report Q1 2026.pub Ørsted A/S · 27 August 2026 Own record

    “In our Offshore business, we delivered high availability rates of 93 % and generation output of 6.9 TWh in the first quarter, an increase of 27 % compared to the same period last year.”

Reasoning

E1 gives Q1 2025 EBITDA for 'offshore sites' of DKK 7.7 billion. That may be a different measure from the 'offshore business' total, which could be restated, so it neither confirms nor clearly contradicts the implied DKK 6.3 billion baseline. E2 and E3 come from the Q1 2026 report but give only group-level EBITDA and offshore operating data, not a Q1 2026 offshore EBITDA figure. The evidence does not settle the claimed DKK 7.5 billion level or the DKK 1.2 billion increase.

Cite this claim

Ørsted, “Ørsted's offshore business EBITDA in Q1 2026 was DKK 7.5 billion, up DKK 1.2 billion from the same period last year.” (said 6 May 2026). Verdict: unresolvable. Reliability API, claim c_c2fd2d6982ab, method 0.1.0+7831dd9d, dataset release v1.1.2. https://epistacklabs.com/claims/c_c2fd2d6982ab

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.