Uniper : Breakeven in 2024 confirmed but uncertain in our view
>9M publication in line with preliminary results - Uniper released yesterday 9M 2022 results in line with its preliminary results published on 25 October (see DUNE of 26 October 2022). Adjusted EBITDA stands at -€ 4,139m (vs € 1,100m last year) and adjusted EBIT at -€ 4,139m vs € 614m at 9M 2021. The performance over 9M 2022 was impacted mainly by losses from the reduction in Russian gas of around € 10bn. See details by division on page 2. Adjusted net profit was -€ 3...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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