The Supervisory Board of DONG Energy A/S approved of the company's annual report for 2009.
DONG Energy's activities and financial performance in 2009 were affected by the financial crisis. However, taking a longer-term view, 2009 was also a year of vital strategic decision-making that will ensure that DONG Energy will lead the transition to a greener future.
DONG Energy invested DKK 18 billion in 2009, predominantly in offshore wind farms, development of natural gas and oil fields and natural gas-fired power stations.
Given the tough market conditions, EBITDA is considered to be satisfactory. Furthermore, DONG Energy succeeded in maintaining strong cash flows from operating activities.
EBITDA in 2010 is expected to be significantly ahead of 2009.
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