Tag: writedowns
Orsted, 1.6 billion euro writedowns due to interest rate increases in the USA and problems in projects
(Finance) – Orstedthe Danish renewable energy giant, announced write-downs totaling DKK 12.1 billion (approximately 1.62 billion euros) in fourth quarter of 2024 due to US interest rate increases, the value…
Shell, writedowns of up to $4.5 billion in the fourth quarter
(Finance) – The oil company Shell has reported impairment charges of approximately $2.5 billion to $4.5 billion for the fourth quarter of 2023, mainly linked to the chemical and refining…
Carige, first half with a loss of 221 million with write-downs
(Finance) – Carige closed the first half of 2022 with a loss of 221.1 million which “includes negative extraordinary items of 212.5 million net mainly referable to provisions and write-downs”.…