Rasmus Erbo
Group President and CEO
Replay available
Orsted A/S (OTC: DOGEF) Q1 2026 earnings conference call, held 2026-05-06. Replay captured from the company's public earnings webcast.

Group President and CEO
Chief Financial Officer
Analyst, BNP Paribas
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Analyst, Goldman Sachs
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WEBVTT 00:00:00.031 -- 00:00:05.659 Ladies and gentlemen, welcome to the Orsted Interim Report for the first quarter of 2026 00:00:05.659 -- 00:00:09.825 Conference Call. I am Sergen, the Chorus Call Operator. 00:00:09.825 -- 00:00:13.371 I would like to remind you that all participants will be on listen-only mode and the 00:00:13.371 -- 00:00:18.438 conference being recorded. The presentation will be followed by a Q&A session. 00:00:18.438 -- 00:00:23.085 You can register for questions at any time by pressing star and phone on your telephone. 00:00:23.085 -- 00:00:26.069 For operator assistance, please press star and zero. 00:00:26.069 -- 00:00:29.950 The conference must not be recorded for publication or broadcast. 00:00:29.950 -- 00:00:35.217 At this time, it's our pleasure to hand over to Group President and CEO Rasmus Erbo 00:00:35.217 -- 00:00:39.660 and TFO Trond Vestby. Speakers, please begin. 00:00:41.906 -- 00:00:46.509 Hello, everyone, and thank you for joining today's call. 00:00:46.612 -- 00:00:52.019 As the world enters its second energy crisis in only five years, it is clear 00:00:52.019 -- 00:00:57.346 that dependence on imported fossil fuels comes at an unacceptably high price 00:00:57.346 -- 00:00:59.347 for society. 00:00:59.347 -- 00:01:05.354 Recent events in the Middle East have increased volatility in global energy markets 00:01:05.354 -- 00:01:11.742 and led to higher energy prices threatening to affect both growth and disposable income. 00:01:11.742 -- 00:01:16.787 And even if hostilities are rapidly brought to a halt, we can expect the 00:01:16.787 -- 00:01:22.792 global energy supply and energy markets to take a long time to normalize. 00:01:23.215 -- 00:01:28.501 Energy security has become crucial to ensure the resilience and sovereignty o...