Uniper raises 2026 adjusted income outlook after earnings more than double

Uniper’s adjusted earnings rose sharply in the first nine months of 2026, with adjusted net income more than doubling to €579 million and adjusted EBITDA increasing to €1.02 billion. The company raised its full-year adjusted net income forecast by €50 million, to €550 million–€650 million, while maintaining its adjusted EBITDA outlook of €1.1 billion–€1.3 billion. The improvement was led by a turnaround in its gas and commodities business, while weaker nuclear availability and hydropower conditions reduced earnings in Green Generation. Despite stronger adjusted results, Uniper reported a nine-month net loss, reflecting non-operating items. It also set a dividend policy with a €300 million annual base and a 7% medium-term growth target, and plans to propose a €321 million dividend for 2026, subject to approval and sufficient earnings under German accounting rules.