Vattenfall reports quarterly report with profit increase and sales
The sale of the Norfolk Offshore Wind Zone generated a realization gain of 4.6 billion SEK.
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European electricity and heat generation and supply company
group.vattenfall.comLast updated
In short: Vattenfall reported higher earnings, won 1.8 GW of Danish offshore wind and expanded battery storage.
The sale of the Norfolk Offshore Wind Zone generated a realization gain of 4.6 billion SEK.
Key drivers were higher electricity prices and wind power production. Investments include Danish offshore wind projects and German battery storage.
The company posted higher EBIT and profit due to better electricity prices. Vattenfall also secured new offshore wind tenders in Denmark.
The financial results were released on April 29, 2027, providing stakeholders with quarterly performance data and operational insights.
The state-owned energy company Vattenfall reports lower turnover and a reduced underlying operating result in the third quarter compared to the same period last year.
The state-owned energy company Vattenfall reports an operating result of 4.2 billion kronor for the third quarter of this year. This can be compared with the profit of 3.4 billion during the corresponding...
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Denmark awards Vattenfall at least 1.8 GW in North Sea I Mid and Hesselø offshore wind projects, targeting electricity production by 2032.
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