Sweden’s Vattenfall posts flat Q1 operating profit, benefits from lower hedging

(Reuters) - Swedish utility Vattenfall on Thursday reported a largely unchanged underlying operating profit for the first quarter, supported by its heating and energy trading arms, offsetting lower contributions from its wind business. Underlying operating profit before interest and tax (EBIT) at the state-owned energy group stood at 9.5 billion Swedish crowns ($922.50 million), unchanged... Continue Reading →

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