Uniper Trading Arm Returns to €66 Million Q1 Profit as Gas Business Improves
Updated
Updated · Bloomberg · May 12
Uniper Trading Arm Returns to €66 Million Q1 Profit as Gas Business Improves
1 articles · Updated · Bloomberg · May 12
€66 million in adjusted EBITDA lifted Uniper’s Greener Commodities unit back into profit in the first quarter, reversing a €492 million loss a year earlier.
The turnaround was driven by stronger gas trading and the absence of supply disruptions tied to the war in the Middle East that had weighed on the business previously.
The result marks a sharp year-on-year recovery for Uniper’s trading division, with the latest quarter showing more stable operating conditions in its gas business.
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