Vattenfall – interim report, January-September 2024

Financial highlights, January-September 2024

• Net sales decreased by 18% (-18% excluding currency effects) to SEK 177,082 million (216,876)
• Underlying operating profit of SEK 19,297 million (15,550)
• Operating profit of SEK 33,828 million (10,930)
• Profit for the period of SEK 28,296 million (4,737)

Financial highlights, June-September 2024

• Net sales decreased by 17% (-15% excluding currency effects) to SEK 48,573 million (58,337)
• Underlying operating profit of SEK 1,372 million (946)
• Operating profit of SEK 1,213 million (-2,611)
• Profit for the period of SEK 2,053 million (-2,186)

Business highlights, June-September 2024

• Inauguration of the offshore wind farms Vesterhav Nord and Syd in Denmark and the onshore wind farm Windplanblauw in the Netherlands
• Decision to pause the development of the Swedish Kriegers Flak offshore wind power project
• New power purchase agreement for wind power has been signed with the steel producer Salzgitter in Germany
• Partnership with Industrikraft initiated to evaluate opportunities for co-investments in new fossil-free power generation in Sweden
• Final decision from the Energy Market Inspectorate on revenue frames for the regulatory period 2020-2023

The complete interim report and presentation images can be found at group.vattenfall.com.

At a live studio audiocast at 09.30 CEST, Vattenfall’s President and CEO Anna Borg and CFO Kerstin Ahlfont will present the results together with Head of Strategic Development Andreas Regnell.  

The audiocast can be found at Vattenfall January-September 2024

To join by telephone, please dial one of the numbers a few minutes before the broadcast starts:
 

+46 8 505 218 52 (Sweden)

+44 20 3321 5273 (UK)

Telephone conference ID: 622 083 195#

For more information, contact:

Johan Sennerö, Press Officer +46 73 046 40 45 johan.senneroe@vattenfall.com

Vattenfall Press Office +46 87 39 50 10 press@vattenfall.com