Orsted A/S (DOGEF) Q2 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.051 -- 00:00:05.216 Ladies and gentlemen, welcome to the Earth Day Interim Report for the second quarter 00:00:05.216 -- 00:00:10.540 of 2026 conference call. I am Heli, the chorus call operator. 00:00:10.540 -- 00:00:14.684 I would like to remind you that all participants will be in listen-only mode and the 00:00:14.684 -- 00:00:17.086 conference is being recorded. 00:00:17.086 -- 00:00:20.209 The presentation will be followed by a Q&A session. 00:00:20.209 -- 00:00:25.754 You can register for questions at any time by pressing star and one on your telephone. 00:00:25.754 -- 00:00:29.548 For operator assistance, Please press star and zero. 00:00:29.548 -- 00:00:33.809 The conference must not be recorded for publication or broadcast. 00:00:33.809 -- 00:00:39.290 At this time, it's my pleasure to hand over to Group President and CEO Rasmus Errboe 00:00:39.290 -- 00:00:42.291 and CFO Trond Westlie. 00:00:42.291 -- 00:00:43.891 Please go ahead. 00:00:43.891 -- 00:00:48.933 Thank you very much. Hello everyone and thank you for joining today's call. 00:00:48.933 -- 00:00:54.194 The first half of 2026 has once again reminded us how quickly geopolitical 00:00:54.194 -- 00:00:58.158 tensions can impact global energy markets. 00:00:58.158 -- 00:01:03.159 The volatility has underlined the importance of European energy independence, 00:01:03.159 -- 00:01:05.979 which cannot be taken for granted. 00:01:05.979 -- 00:01:10.980 But these challenges also represent an opportunity for Europe to strengthen competitiveness 00:01:10.980 -- 00:01:16.841 for businesses through electrification and lowering of energy costs. 00:01:17.021 -- 00:01:22.382 An opportunity to ramp up production of homegrown, affordable and reliable energy, 00:01:22.382 -- 00:01:27.143 so global shoc...