Manufacturer generates €4bn in first nine months of 2021 despite ‘unexpectedly increasing headwinds’

The Estonian energy company also earnt €25.5m in EBITDA over the same year on year period

High Nordic power prices and very high levels of hydropower generation contribute to results

Proceeds to finance transmission projects in the Netherlands and Germany

Rising energy prices and cost inflation of materials also factors in EBIT drop

Earnings and profits fall due to poor conditions that have cost Danes Dkr16bn (€336m) so far this year