Interim report for January-March 2021
29 April 2021
Financial highlights, January–March 2021
- Net sales decreased by 5% (-1% excluding currency effects) to SEK 45,911 million (48,160)
- Underlying operating profit1 of SEK 12,053 million (10,187)
- Operating profit1 of SEK 13,385 million (12,313)
- Profit for the period of SEK 10,423 million (6,900)
Business highlights, January–March 2021
- Agreement on compensation for nuclear phase-out in Germany
- Sale of part of production from Hollandse Kust Zuid 1-4 wind farm through long-term Power Purchase Agreement
- Sale of Grönhult onshore wind power project
- Start of construction of Vattenfall’s first district heating network in the UK – Brent Cross South in London
- Start of district heating production at Amsterdam South Connection
- Favourable ruling by Administrative Court on electricity network companies’ revenue frames for the period 2020-2023
- HYBRIT – Demonstration plant for production of fossil-free sponge iron planned in Gällivare
1) See Definitions and calculations of key ratios for definitions of Alternative Performance Measures.
On-demand webcast
The live webcast for analysts and media is available on-demand.
On-demand webcast - Vattenfall interim report January-March 2021
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Markus Friberg, Head of Media Relations, mob.: +46 (0)70 261 30 84
Vattenfall's Press Office, phone +46 (0)8 739 50 10, mail: press@vattenfall.com