Fortum’s subsidiary Uniper issues a negative profit warning for the first quarter 2022 results, confirms full-year result guidance for 2022
FORTUM CORPORATION INSIDE INFORMATION 26 APRIL 2022 AT 22:38 EEST Fortum’s subsidiary Uniper has today published a stock exchange release (‘ad-hoc’) with a negative profit warning related to its first quarter 2022 results. The deviation is mainly attributable to the gas mid-stream business, in particular due to gas storage optimisation. In view of the current market environment, Uniper has reduced its anticipated gas storage withdrawals in the first quarter. This results in a significant earnings shift from the first quarter into the remaining quarters of 2022. This change in gas storage