Vattenfall profits rose in the first nine months due to improved price hedging on the continent and stronger results from trading and nuclear power operations.
The Swedish developer posted a profit of €1.205bn (SEK13.097bn) for January-September 2025, compared with €2.603bn (SEK28.296bn) a year earlier, when sold projects and changes in the market value of energy derivatives gave rise to a one-off effect of SEK19.5bn.
Underlying operating profit for the first nine months increased to €1.975bn (SEK21.470bn) from €1.484bn (SEK16.137bn).
Profit for the third quarter was €0.209bn (SEK2.269bn) compared with €0.189bn (SEK2.053bn) in the same period last year.
Underlying operating profit for July-September rose to €0.566bn (SEK6.154bn) from €0.128bn (SEK1.387bn).
Vattenfall said it is taking decisive steps in wind and nuclear to enable new fossil-free electricity production.