Fitch confirms rating on DONG Energy but revises outlook to negative
Fitch Rating has today affirmed their 'BBB+' rating on DONG Energy A/S, but changed the outlook from stable to negative. The revised outlook is a consequence of challenging market conditions and DONG Energy's unsatisfactory financial results in 2012.
The information provided in this announcement does not change the previous financial guidance for the 2012 financial year or the announced expected investment level.
For further information, contact:
+45 9955 9330
Allan Bødskov Andersen
+45 9955 9769
DONG Energy is one of the leading energy groups in Northern Europe. We are headquartered in Denmark. Our business is based on procuring, producing, distributing and trading in energy and related products in Northern Europe. We have approximately 7,000 employees and generated DKK 57 billion (EUR 7.6 billion) in revenue in 2011. For further information, see www.dongenergy.com