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)

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.

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