Lower wind power profit drags down Vattenfall results - Recharge

Recharge · last updated October 26, 2023 – 5:16 PM

Lower wind power profit drags down Vattenfall results | Recharge

Substantially lower income at its wind unit due to low electricity prices helped push down overall profits at Swedish power utility Vattenfall during the third quarter.

Net sales in the wind business dropped to SKr8.08bn ($722m) in the third quarter of this year, from SKr8.16bn a year earlier, while underlying earnings before interest and taxes (Ebit) fell to SKr854m, from SKr5.23bn

here today, more tomorrow

We’ve launched briefing.center with a focus on the press and media.

And we’ve added Citizen Cartwright, a daily quick-read news summary by veteran Washington journalist Linda Cartwright. We’ve also created a new voting rights knowledge center for Citizen Cartwright subscribers. (You can sign up for a dedicated morning email at citizencartwright.com.)

You can sign up here for full access to press and media and Citizen Cartwright on briefing.center.

You can use briefing.center as the center of your information management, or just one of your tools. We’re happy to discuss your information needs.