Uniper : 9M 2020 results expected to be up despite a stronger seasonal effect in Q3
>9M 2020 results expected to be up despite a marked decline in Q3 - At the 9M 2020 publication on 10 November 2020, we forecast EBIT of € 411m (+102%) and adjusted net profit of € 322m (+445%), despite the anticipation of a marked contraction in Q3 2020 vs Q3 2019 (-€ 105m). Details of forecasts by division are given on the following page.A dual seasonal and structural effect - Given the specific nature of its business model, the group traditionally ...Uniper SE is a Germany-based energy generation and energy trading company. The Company operates through three segments: European Generation, Global Commodities and International Power Generation. The European Generation segment generates power and owns coal, gas, oil and combined gas and steam power plants, hydroelectric power plants, nuclear power stations in Sweden, a biomass plant in France, as well as solar and wind power facilities; the Global Commodities segment bundles the Company's energy trading activities, as well as its gas storage and supply business, and the International Power Generation segment comprises equity investments in energy generation companies in the Russian Federation and Brazil.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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