Statkraft Q3 Underlying Operating Profit Rises 68%
Norway’s state-owned utility said higher Nordic power prices offset lower generation from dry weather in the hydropower-dependent region.
Norway's biggest utility, state-owned Statkraft, on Thursday reported a 68% rise in underlying operating profit for the third quarter, as higher power prices in the Nordics offset lower generation from dry weather in the hydropower-dependent region.($1 = 9.2465 Norwegian crowns)