Uniper Says It Expects Significant Decline In Earnings For Q1 2025
UNIPER SE UN0:
EXPECTS A SIGNIFICANT DECLINE IN EARNINGS FOR THE FIRST QUARTER OF FISCAL YEAR 2025. EARNINGS OUTLOOK FOR FISCAL YEAR 2025 REMAINS UNCHANGED.
EXPECTS AN ADJUSTED EBITDA OF EUR -139 MILLION (PREVIOUS YEAR: EUR 885 MILLION)
ADJUSTED NET INCOME OF EUR -143 MILLION (PREVIOUS YEAR: EUR 581 MILLION) FOR FIRST THREE MONTHS OF 2025 FINANCIAL YEAR
DECLINE IN EARNINGS IS DUE TO REDUCED EARNINGS CONTRIBUTIONS FROM HEDGING TRANSACTIONS IN FLEXIBLE GENERATION SEGMENT
GREENER COMMODITIES WAS NEGATIVELY IMPACTED BY PAST OPTIMIZATION ACTIVITIES IN GAS PORTFOLIO
LOSS OF REVENUES FROM PROCUREMENT OF GAS DUE TO NON-DELIVERY OF GAS VOLUMES FROM RUSSIA CONTRIBUTED TO DECLINE IN EARNINGS COMPARED TO PREVIOUS YEAR
UNIPER IS MAINTAINING ITS EARNINGS OUTLOOK FOR 2025 FINANCIAL YEAR UNCHANGED