Vattenfall – interim report, January–March 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 amounted to SEK 9,673 million (9,359).
• Operating profit amounted to SEK 8,168 million (6,975).
• Profit for the period of SEK 6,420 million (4,158).

             Important events, 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.