Results for Q3 2022
Third quarter summary
Q3
Year to date
Safety
TRI: 3.9
0 serious injuries
TRI: 3.9
11 serious injuries
Underlying EBIT
9.0 BNOK
(+4.3 BNOK Q-on-Q)
30.7 BNOK
(13.3 BNOK Y-on-Y)
Net profit/loss
3.8 BNOK
(-1.1 BNOK Q-on-Q)
14.0 BNOK
(+1.9 BNOK Y-on-Y)
• The European energy market is still very volatile
Strong financial results
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Strong revenues driven by high energy prices and solid results from market activities
Low Norwegian hydropower generation
Steady operations and solid financial position
Implementation of new organisational structure
Continue to invest in Nordic hydropower and signing long-term industry contracts
Proposed changes increasing taxes going forward for power producers in Norway
2 TRI (Total recordable injuries rate): 12-months rolling
StatkraftView entire presentation