Uniper refines full-year 2023 outlook

Uniper said it expects adjusted earnings before interest, taxes, depreciation and amortisation in a range of €6bil to €7bil. — Reuters

MUNICH: German state-owned utility Uniper has refined its outlook for the full year as the company says it has benefited from hedging transactions in coal and gas power generation and its gas mid-stream business.

Uniper said it expects adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) in a range of €6bil to €7bil and adjusted net income in a range of €4bil to €5bil for 2023.