Vattenfall’s first quarter 2016: Stable earnings - increased production and lower costs
Vattenfall’s first quarter earnings improved as a result of increased production and lower costs. Underlying operating profit amounted to SEK 8,136 million, an increase of approximately 5 percent compared with the quarter a year ago. However, the negative price trend put continued pressure on operations.First quarter in summary: ·Net sales of SEK 45,929 million (45,377) ·Underlying operating profit of SEK 8,136 million (7,736) ·Operating profit of SEK 10,011 million (8,386) ·Profit after tax of SEK 6,602 million (4,987) ·Electricity generation of 48.7 TWh (