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Uniper's commodity trading boosts 9-month results on volatile prices

Uniper's commodity trading boosts 9-month results on volatile prices
Uniper's commodity trading boosts 9-month results on volatile prices   -   Copyright  Thomson Reuters 2021
By Reuters

FRANKFURT – Volatile gas prices boosted Uniper’s commodity trading desk and caused a 52% increase in nine-month adjusted operating profit, the German utility majority owned by Finland’s Fortum said on Friday.

Apart from rising gas prices, Global Commodities — which include Uniper’s trading and plant optimisation activities — benefited from unusual weather conditions in North America, Uniper said.