Uniper SE Anticipates Earnings Decline in 2025

Uniper SE has announced that it expects a significant decline in earnings for the first nine months of the fiscal year 2025 compared to the previous year. The company forecasts an Adjusted EBITDA of EUR 641 million, down from EUR 2,176 million, and an Adjusted Net Income of EUR 268 million, previously EUR 1,324 million.

This downtrend is primarily due to reduced earnings from hedging transactions in the Flexible Generation segment and past optimization activities in the gas portfolio within the Greener Commodities segment. The non-delivery of gas volumes from Russia has further impacted revenue.

Despite the decline, Uniper's earnings outlook for the fiscal year 2025 remains unchanged. Detailed results will be published on November 6, 2025, and all current figures are preliminary and unaudited.