EnergyWatch

Statkraft secures growth in Q1 2017

Norwegian utility Statkraft succeeded in boosting both revenue and profits in this year's first quarter.

Photo: Statkraft

Increasing electricity prices have ensured progress for Norway's Statkraft which saw its top and bottom lines grow in the first quarter 2017.

The energy company's result excluding depreciations came to NOK 5.2 billion (EUR 552 million), which is NOK 1.2 billion less than in the same quarter last year. After taxes, Statkraft presents a profit in this year's first quarter of NOK 2.7 billion.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Akademikerpension divests utility companies

More than 200 utility companies have been excluded from Akademikerpension's investment universe. The pension fund is now divesting equities and bonds equivalent to 0.5 percent of assets under management.

Further reading

Related articles

Latest News

See all jobs