New financial targets from Vattenfall’s owner
Vattenfall's owner, the Swedish state, announces new proposed financial targets for the company. The new targets will be decided at an extraordinary general meeting on 12 December 2017.Vattenfall’s financial targets relate to profitability, capital structure and the dividend policy, intending to ensure value creation and a market rate of return. The current targets were set in November 2012. The energy sector transformation has continued since 2012, whilst electricity prices have remained at historically low levels. Vattenfall has moreover shifted focus to fossil free energy production,