Vattenfall's first half-year results 2017

President and CEO Magnus Hall and CFO Stefan Dohler comment on Vattenfall's first half-year results 2017. 


The press conference for analysts and media was webcast and is now available on-demand.

Vattenfall on-demand webcast

21 July 2017

Financial development

  • Net sales decreased by 3% to SEK 69,413 million (71,666)
  • Underlying operating profit increased to SEK 13,197 million (12,001)
  • Operating profit of SEK 10,453 million (1,927)
  • Profit for the period of SEK 5,901 million (1,002)
  • Electricity generation of 64.9 TWh (61.1)

Business highlights

  • Continued customer growth by more than 110,000 contracts
  • Strengthened presence in UK through the acquisition of iSupplyEnergy
  • Growth in renewables: Pen y Cymoedd (228 MW) and Ray (54 MW) fully operational and investment decision for Slufterdam (29 MW)
  • Further steps towards being fossil-free within one generation: Partnerships in Sweden for fossil-free industry processes, phase-out of lignite in Berlin and investment decisions towards climate smarter heat production
  • Positive developments in German nuclear operations
  • Continued focus on operational excellence and cost reductions by entering into new outsourcing service partnerships

For more information, please contact

Vattenfall's Press Office, telephone: +46 (0) 8 739 50 10, press@vattenfall.com

Last updated: 2017-07-21 11:05