Finance
Uniper net profit plunges in first quarter
Uniper net profit plunges in first quarter
Published by Global Banking and Finance Review
Posted on May 6, 2025
Published by Global Banking and Finance Review
Posted on May 6, 2025
FRANKFURT (Reuters) - Uniper on Tuesday posted a 83% decline in first-quarter net profit, hurt primarily by its trading and storage division which incurred losses due to the sale of gas volumes bought during the energy crisis.
First-quarter net profit came in at 82 million euros ($93 million), down from 477 million a year earlier, the state-owned company said.
($1 = 0.8833 euros)
(Reporting by Christoph Steitz, Editing by Friederike Heine)
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