Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Uniper : A good performance but for how long

>2021 results in line with forecasts - Uniper published yesterday full-year results in line with expectations. Adjusted EBITDA was up 12% y-o-y, to € 1,856m vs € 1,860bn forecast. Adjusted EBIT was € 1,187m (vs guidance between € 1.05bn and € 1.30bn), up 19% y-o-y, in line with our forecasts and the Vara consensus (around € 1,200m). Net profit was € 906m (vs guidance between € 0.85bn and € 1.05bn), i.e. +17% y-o-y, in line with forecasts (ODDO BHF at € 905m and conse...
Underlying
Uniper SE

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Louis Boujard, CFA

Philippe Ourpatian

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch