Profit at Germany’s Uniper Sinks on Lost Russian Gas Revenue ...Middle East

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Profit at Germany’s Uniper Sinks on Lost Russian Gas Revenue
source : OILPRICE ( Middle East ) () 151
Germany’s utility giant Uniper expects its adjusted net income for the first nine months of the year to be five times lower compared to last year’s levels, on the back of losses from hedging and lost revenues due to the non-delivery of Russian gas, the state-owned firm said on Friday.   Uniper, which reports full nine-month results on November 6, expects earnings “to remain significantly below the previous year's nine months figures as was already the case in the first quarter and the first half year of 2025,”…

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