ShippingWatch

Dong: We still believe in the UK

Neither wind turbines nor power plants at Dong will take a blow from the UK's decision to leave the EU. At least not right away. Currencies will be hit hard but the impact will be limited by a coverage of foreign exchange risks, says the company.

The UK market and Dong's exposure to this market filled many pages in the IPO prospectus which sent the Danish energy company on the stock market just a few weeks ago.

But in spite of the many warnings regarding the risk of a British exit from the EU, the effect is limited as of now after the British people voted the country out of the EU, says Dong Energy CFO Marianne Wiinholt in a statement.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs