Uniper : More favourable price conditions!
>2020 results topped expectations thanks to commodities - Uniper has reported 2020 results ahead of our expectations and the consensus forecasts. EBITDA was up 6% y-o-y to € 1,657m vs € 1,601m forecast and EBIT was up 16% y-o-y to € 998m vs € 896m forecast by ODDO BHF and € 917m by the consensus. The differences relative to expectations are mainly due to the stronger-than-expected performance of the global commodities business (EBIT of € 496m vs € 403m expected), whic...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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