Statkraft Q4 2022 Earnings Results

Statkraft reported record Q4 2022 results driven by extraordinary high European energy prices and strong market activities, with net profit of NOK 14.5 billion and full-year profit of NOK 54.4 billion. The company benefited from volatile power markets and was well-positioned as an energy supplier during Europe's energy crisis. Record tax expenses and dividends were announced, reflecting the exceptional financial performance.