(BRIEF) Vattenfall’s monetary report for January-March 2024 highlights a 21% decline in net income, offset by a 45% increase in underlying operating profit and a 27% increase in operating profit. Profits at the time increased by 43%, indicating a physically powerful performance. The company achieved significant publicity milestones in this generation, including completing the sale of the Norfolk offshore wind farm in the United Kingdom, commissioning the Vesterhav Nord offshore wind farm in Denmark and signing power purchase agreements with long term for solar energy. projects in Germany. In addition, Vattenfall has started work to connect SSAB’s electric arc furnace in Oxelösund to the power grid and has carried out a feasibility study looking at favorable conditions for a new nuclear structure in Ringhals. Looking ahead, Vattenfall has signed an acquisition agreement with BASF for 49% of the Nordlicht 1 and 2 offshore wind farms in the German North Sea. The company’s President and CEO Anna Borg, together with CFO Kerstin Ahlfont and Strategic Development Director Andreas Regnell, presented these effects in a live broadcast.
(PRESS RELEASE) STOCKHOLM, April 30, 2024 — /EuropaWire/ —
Financial Highlights, January-March 2024
Featured Activities, January-March 2024
Post-Closing Events: Vattenfall has signed an acquisition with BASF for 49% of the Nordlicht 1 and 2 offshore wind farms in the German North Sea.
The full interim report and photographs of the presentation are available on group. vattenfall. com.
During a live broadcast at 9:30 CEST, Vattenfall President and CEO Anna Borg and CFO Kerstin Ahlfont will provide the effects in combination with Chief Strategic Development Officer Andreas Regnell.
The display will be discoverable in Vattenfall Q1 2024
To reach us by phone, dial one of the numbers a few minutes before the start of the broadcast:
The data were submitted for publication, via the contact persons listed below, at 08:00 CEST on 30 April 2024. This report was prepared in Swedish and English. In the event of any discrepancies between the two editions, the Swedish edition shall prevail.
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SOURCE: Vattenfall AB
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