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Home » Finance » Statkraft’s Q1 Profits Dip Amidst Energy Market Fluctuations
Finance

Statkraft’s Q1 Profits Dip Amidst Energy Market Fluctuations

By Philip BrooksMay 7, 20242 Mins Read
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Credit: Statkraft
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Statkraft, Europe's largest producer of renewable energy, reported a decline in profits for the first quarter of 2024 as power prices took a downturn after what the company termed as "extraordinary years" in the energy markets. The underlying earnings before interest and tax (EBIT) for Statkraft decreased to Nkr13.5bn (€1.2bn), down from Nkr17.5bn in the

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Previous ArticleBP Aims for $2 Billion in Cost Cuts by 2026 Amid Disappointing Profits
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