Higher generation volumes,
but insufficient profitability
“To meet our earnings targets it is of utmost importance that we ensure high availability in our generation plants, focus on our core businesses and improve efficiency throughout Vattenfall’s operations”, says CEO Øystein Løseth.
Q2 report 2010
- Net sales rose 18.0% during the second quarter, to SEK 49,713 million (42,128),and 27.2% for the first half of the year, to SEK 120,370 million (94,656).
- Operating profit for the second quarter rose by SEK 52.4% to SEK 8,963 million (5,881), and increased for the first half of the year by 1.8%, to SEK 19,078 million (18,741).
- Profit after tax for the second quarter rose 97.5% to SEK 5,185 million (2,625), and decreased for the first half by 16.3% to SEK 8,972 million (10,716).
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