Finance
Uniper Net Profit Plunges in First Quarter
Published by Global Banking & Finance Review®
Posted on May 6, 2025
1 min readLast updated: January 24, 2026
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Company
Published by Global Banking & Finance Review®
Posted on May 6, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleUniper's Q1 net profit plunged 83% to 82 million euros, mainly due to losses in trading and storage from gas sales during the energy crisis.
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)
The main topic is Uniper's significant decline in first-quarter net profit due to trading and storage losses.
The decline was caused by losses in the trading and storage division, primarily from gas sales during the energy crisis.
Uniper's net profit decreased by 83%, from 477 million euros to 82 million euros.
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