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February 14, 2016 6:22 AM ET

Electric Utilities

Company Overview of Vattenfall AB

Company Overview

Vattenfall AB (publ) engages in the production, distribution, and sale of electricity and heat in Sweden, Germany, the Netherlands, and internationally. It generates electricity primarily through biomass, coal, hydro, natural gas, nuclear, and wind sources. The company is also involved in the sale of gas and energy trading activities. It has approximately 6.2 million electricity customers, 4.3 million electricity network customers, and 1.9 million gas customers. The company was founded in 1909 and is headquartered in Solna, Sweden.

Evenemangsgatan 13C

Solna,  169 56

Sweden

Founded in 1909

28,567 Employees

Phone:

46 87 39 50 00

Fax:

46 8 17 85 06

Key Executives for Vattenfall AB

Chief Executive Officer and President
Age: 56
Deputy Chief Executive Officer, Chief Financial Officer and Head of Staff Function Finance
Age: 56
Treasurer and Chief Executive Officer of Vattenfall Treasury AB
Head of Staff Function Legal & Chief Executive Officer Office, Senior Vice President, General Counsel and Secretary to the Board
Age: 58
Senior Executive Vice President of Business Area Heat and Mining & Generation
Age: 59
Compensation as of Fiscal Year 2015.

Vattenfall AB Key Developments

Vattenfall AB Reports Earnings Results for the Fourth Quarter and Full Year 2015

Vattenfall AB reported earnings results for the fourth quarter and full year 2015. For the quarter, the company reported net sales of SEK 45,499 million, against SEK 48,725 million a year ago. Underlying operating profit of SEK 6,449 million against SEK 8,223 million a year ago. Profit after tax of SEK 2,460 million against SEK 3,900 million a year ago. For the year, the company reported net sales of SEK 164,510 million against SEK 165,945 million a year ago. Underlying operating profit of SEK 20,541 million against SEK 24,133 million a year ago. Loss after tax of SEK 19,766 million against SEK 8,284 million a year ago. The 2015 full-year results were marked by low electricity prices and substantial impairments losses in the second quarter, but also by continued efficiency improvement aimed at lowering costs.

Vattenfall AB, 2015 Earnings Call, Feb 03, 2016

Vattenfall AB, 2015 Earnings Call, Feb 03, 2016

Vattenfall AB Presents at 10th Annual Central & Eastern European Power Conference, Jan-21-2016 05:05 PM

Vattenfall AB Presents at 10th Annual Central & Eastern European Power Conference, Jan-21-2016 05:05 PM. Venue: Warsaw, Poland. Speakers: Lukas Poul, Lead Analyst, Midterm Power.

Similar Private Companies By Industry

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 14, 2016
NUON Energie und Service GmbH
Merger/Acquisition
December 18, 2015
Vattenfall AB, 150 MW Ormonde Offshore Wind Farm
Merger/Acquisition
June 24, 2015
Vattenfall AB, Nordjylland CHP-Plant
 

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