Company Encyclopedia
View More
name
Uniper SE
UN01.DE
News
View More

Uniper mothballs Swedish oil-fired power unit as reserve deal runs out

German utility Uniper is mothballing its 335-megawatt Karlshamnverket 2 oil-fired power plant in Sweden due to the expiration of a back-up power supply deal. This decision, effective November 16, follows the cancellation of Sweden's strategic power reserve procurement. Uniper's management expressed concerns about the negative impact on power system adequacy in southern Sweden, where demand often exceeds supply. While Block 2 is being preserved for potential future use, Block 3 remains operational but requires a long-term solution.

marketscreener·
DE
UN01
0.00%
marketscreener·
DE
UN01
0.00%

IHI Corporation Reports Mixed Earnings Amid Strategic Shifts

IHI Corporation reported mixed Q2 earnings, with a 5.8% decline in revenue to ¥713.6 billion and a 10.1% drop in operating profit to ¥69.4 billion. However, profit attributable to owners rose 42.2% to ¥55.9 billion due to improved foreign exchange losses. The company is shifting its business focus, increasing orders by 17.5% to ¥893.4 billion, and plans to enhance production in aero engines and defense. IHI is optimistic about future growth and is investing in clean energy initiatives while revising its full-year forecast for slight revenue growth and significant profit increase.

Tip Ranks·
7013
0.00%
Tip Ranks·
7013
0.00%

Uniper’s Earnings Call: Solid Performance Amid Challenges

Uniper's Q3 earnings call revealed solid financial performance with an adjusted EBITDA of EUR 641 million and net income of EUR 268 million, despite challenges in gas sales and power generation. The company maintains a strong cash position of EUR 3.3 billion and has invested EUR 610 million in strategic transformation. Management contracts were extended for continuity, while the greener commodities segment faced significant losses. Uniper confirmed its 2025 outlook, expecting adjusted EBITDA between EUR 1 billion and EUR 1.3 billion, highlighting resilience and strategic progress.

Tip Ranks·
DE
UN01
0.00%
Tip Ranks·
DE
UN01
0.00%

Uniper SE Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025

Uniper SE reported its earnings for Q3 and the first nine months of 2025. Q3 sales were EUR 11.84 billion, down from EUR 16.62 billion year-over-year. The company achieved a net income of EUR 299 million, recovering from a net loss of EUR 80 million in the previous year. For the nine months, sales totaled EUR 45.05 billion, compared to EUR 48.50 billion last year, with net income at EUR 560 million, down from EUR 800 million. Basic and diluted earnings per share from continuing operations were EUR 0.72 for Q3 and EUR 1.35 for the nine months, both lower than the previous year.

marketscreener·
DE
UN01
0.00%
marketscreener·
DE
UN01
0.00%

Uniper SE unveils capital markets presentation on transformation strategy and energy transition progress

Uniper SE has released a capital markets presentation detailing its transformation strategy and energy transition progress. The company, a leading integrated European utility, focuses on low-carbon and renewable energy through its Green Generation segment and aims for decarbonization in its Flexible Generation segment. Recent management updates include Michael Lewis as CEO, Christian Barr as CFO, and Fabienne Twelemann as CPTO. The presentation emphasizes a robust transformation strategy and disciplined capital allocation.

Reuters·
DE
UN01
0.00%
Reuters·
DE
UN01
0.00%