Vattenfall – interim report, January–June 2019

Financial highlights, January-June 2019

  • Net sales increased by 12% (10% excluding currency effects) to SEK 84,243 million (75,035)
  • Underlying operating profit of SEK 13,295 million (13,129)
  • Operating profit of SEK 11,038 million (9,750)
  • Profit for the period of SEK 7,673 million (7,125)

Financial highlights, April-June 2019

  • Net sales increased by 11% (10% excluding currency effects) to SEK 34,691 million (31,176)
  • Underlying operating profit of SEK 3,622 million (3,770)
  • Operating profit of SEK 2,869 million (2,775)
  • Profit for the period of SEK 1,253 million (2,967)

Business highlights, April-June 2019

  • Ringhals 2 back in full operation following generator replacement
  • Construction started of the Kriegers Flak (605 MW) offshore wind farm in Denmark
  • Continued repair work and payment of outage compensation to customers following the storm “Alfrida”
  • Allowable return for distribution operations in Sweden during the period 2020-2023 sharply reduced
  • Launch of smart charging solutions for e-vehicles in Amsterdam
  • High interest in the issuance of Vattenfall’s first green bond                

The full interim report and presentation images are available on group.vattenfall.com 

Vattenfall’s President and CEO Magnus Hall and CFO Anna Borg will present the results for January to June 2019 at a live web audiocast for analysts and media at 09:00 am CEST.

The live web audiocast can be found at Audiocast - Vattenfall 2019 January-June interim report and can also be attended by phoning +46 (0)8 505 100 31.

This is information is such that Vattenfall AB is obliged to make public in accordance with the EU Market Abuse Regulation and the Swedish Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 08.00 CEST on 19 July 2019.

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, tel.: +46 87 39 50 10, press@vattenfall.com

Attachments

See also

Vattenfall's head office in Solna, Sweden
Press release
Regulatory
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