Uniper reduced its net loss by more than 30% in 2018


Energy company Uniper reported a 31.1% reduction in net loss in 2018 to 452 million euros. Revenue amounted to 78 billion 180 million euros, an increase of 8.2% over the last year. At the same time, the company recorded a decrease in the adjusted EBIT by 22.4% to 865 million euros, which, nevertheless, is in line with its forecast. In a press release, Uniper notes that its financial goals for 2018 have been achieved. It is also indicated that annual indicators were affected by the write-off of several assets in Germany in the amount of 681 million euros. The current year’s Uniper goal is to achieve an adjusted EBIT of between 550 million and 850 million euros.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong