Uniper with a loss of billions after nine months

Dusseldorf The energy company Uniper, which is about to be nationalized, had to accept a loss in the billions in the first nine months of 2022. The provisional adjusted earnings before interest and taxes (EBIT) amounted to around minus 4.8 billion euros, after a profit of 614 million in the same period last year, as the group announced on Tuesday after the stock exchange closed.

The adjusted net loss is likely to be 3.2 billion euros, after a profit of 487 million euros in the previous year. Uniper shares lost more than four percent on Wednesday morning to around EUR 3.30 and were the weakest stocks in the SDax small-cap index.

What Uniper has not yet announced specifically is the company loss according to the IFRS accounting standard. In the first six months of the year alone, the loss then amounted to twelve billion euros. Now it should be significantly higher. The exact amount is not likely to be known until next week when Uniper presents its full quarterly figures.