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Despite the large loss in the first quarter, management is sticking to its positive full-year forecast. (Image: Christian Schlüter)
Düsseldorf (energate) - The consequences of the Ukraine war are having a severe impact on the Düsseldorf-based energy group Uniper. Write-offs worth billions in connection to the Nord Stream 2 Baltic Sea pipeline and losses in the gas storage business pushed the Fortum subsidiary deep into the red in the first quarter. According to preliminary calculations, the net loss in the first quarter amounted to 3 billion euros, Uniper announced.
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