11 November 2022 at 08:03 Statkraft with lower results in the third quarter Statkraft increased its revenues in the third quarter, driven by high power prices and solid contributions from market activities. Net operating income increased to NOK 13.2 billion from NOK 8.1 billion in the third quarter of 2021. The result after tax ended at NOK 3.8 billion. That is 1.1 billion less than in the same quarter last year. The occupancy rate in southern Norway has risen recently and is now higher than at the same time last year. – Historically high power prices have been a continuing burden for European consumers and industry. Statkraft reduced its hydropower production in southern Norway considerably in order to store water for the coming winter, says CEO Christian Rynning-Tønnesen.
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Statkraft with lower profit in the third quarter – Latest news – news
