Uniper Se (UNPRF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Dear ladies and gentlemen, welcome to the Uniper Analyst and Investor Conference Call. First-year half-year results. At our request, this conference call will be recorded. As a reminder, all participants will be in a listen-only mode. After the presentation, there will be an opportunity to ask questions by dialing star 1 on your telephone. May I now hand you over to the Executive Vice President, Investor Relations, Sebastian Veit, who will start the meeting today. Please go ahead. Thank you, operator, and good morning, everyone. I'm pleased to welcome you to our first half results of fiscal year 2026. Next to me on today's call are Michael Lewis, our chief executive officer, and Christian Barr, our chief financial officer. Michael will present an update on our key developments in the first half of 2026. Christian will walk you through our first half financial performance and our financial year outlook for the remainder of this year. And as usual, We will wrap up with a Q&A session at the end and now let me hand over to Michael Lewis, please. Thanks Sebastian and good morning everyone from my side and thank you for joining our call. So let me start with the key highlights and I'm very happy to confirm that Uniper delivered solid financial results for the first six months of 2026 and is fully on track to meet our financial guidance. We continue to navigate steadily through the increased volatile markets in reaction to the conflict in the Middle East, and whilst our operational business has not been directly impacted by the conflict, we had some operational challenges nonetheless in the first half of 2026. The weak hydro conditions in Germany and the Nordic region, together with an unforeseen outage at Oscar Sam 3, weighed on earnings in green generation. This was partl...