Interim report for January-March 2019

First quarter results

CEO Magnus Hall and CFO Anna Borg comment on Vattenfall's first quarter results 2019. The press conference was broadcasted live in a live webcast. A recorded version is now available.

25 April 2019

Financial highlights, January–March 2019

  • Net sales increased by 13% (10% excluding currency effects) to SEK 49,552 million (43,860)
  • Underlying operating profit of SEK 9,673 million (9,359)
  • Operating profit1 of SEK 8,168 million (6,975)
  • Profit for the period of SEK 6,420 million (4,158)

Business highlights, January–March 2019

  • Major disruptions after the storm “Alfrida” with related costs of SEK 850 million
  • Decrease in generation partly owing to lower generation at Ringhals 2, where a generator is being replaced
  • Acquisition of sales company DELTA Energie in the Netherlands
  • Production at the coal-fired Hemweg 8 power plant in the Netherlands to end by year-end 2019
  • Commissioning of 170 MW wind power and 6 MW solar power
  • Participation in tender for Hollandse Kust Zuid 3 & 4 in the Netherlands and for a project in Dunkirk, France
  • City of Berlin intends to grant concession for electricity distribution to Berlin Energie

Report and presentation

Report, presentation slides and other information.

For more information, contact

Johan Sahlqvist, Head of Investor Relations, tel.: +46 (0)8 739 72 51, mob.: +46 (0)72 226 40 51

Markus Friberg, Head of Media Relations & Editorial Nordic/Corp/EU, mob.: +46 (0)70 261 30 84

Vattenfall's Press Office, phone +46 (0)8 739 50 10, mail: press@vattenfall.com