Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Uniper : No surprise, the new guidance is confirmed

>9M results in line with forecasts - On Friday, Uniper reported 9M 2021 results that were in line with forecasts. EBITDA was € 1,100m (+23% y-o-y) vs € 1,073m forecast and EBIT was € 614m (52% y-o-y) vs € 587m forecast by ODDO BHF. Net profit € 487m (+58% y-o-y), in line with forecasts (ODDO BHF at € 480m). This good performance was primarily due to a stronger contribution from midstream gas in the global commodities segment. At the same time, net economic debt was d...
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

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