Vattenfall FY Q4 2023 Results Presentation

Vattenfall's full-year 2023 results showing underlying EBIT of SEK 20.0 bn, profit for the period of SEK 10.4 bn, and net sales of SEK 290.2 bn. The company reports lower electricity prices offset by strong heat business performance and advances in renewable energy including offshore wind farm inaugurations. Strategic developments include divestments and a partnership memorandum with BASF for German offshore wind projects.