Stable underlying operating profit for the first nine months of the year - continued challenges for the industry
Vattenfall reports a stable underlying operating profit of nearly 21 billion SEK for the period January-September 2013. Cost-cuttings and price hedging have contributed to the result while higher costs for CO2 emission allowances have had a negative impact.Summary of the third quarter and the nine month period:• Net sales rose by 9.9% to SEK 36,997 million (33,679) for the quarter and by 3.8% to SEK 123,922 million (119,376) for the nine month period. • The underlying operating profit decreased by 10.6% to SEK 3,999 million (4,474) for the quarter while the underlying operating profit