Danish energy major Ørsted A/S (<a href="https://www.nasdaq.com/european-market-activity" target="_blank">CPH:ORSTED</a>) on Thursday posted a 71% year-on-year surge in operating profit (EBITDA) for 2024, largely thanks to the net reversal of cancellation fees of DKK 7.3 billion (USD 1bn/EUR 979m).