Uniper CFO: We don't assume a long-lasting conflict

Uniper’s Chief Financial Officer, Christian Barr, emphasized in his first public update that the company does not anticipate a prolonged geopolitical or market conflict impacting its operations. This statement aligns with Uniper’s reaffirmed 2025 financial outlook, which includes adjusted EBITDA of €1–1.3 billion and adjusted net income of €350–550 million, reflecting a narrowed range compared to earlier forecasts. For the first nine months of 2025, Uniper reported adjusted EBITDA of €641 million and adjusted net income of €268 million, consistent with expectations despite a significant decline from the prior year’s figures.

The CFO highlighted Uniper’s strong net cash position of €3.3 billion as of September 2025, following the full repayment of €2.55 billion to the Federal Republic of Germany under EU state-aid agreements. Strategic progress includes the completion of key divestments mandated by EU remedies, such as the sale of Uniper Wärme GmbH and a stake in Latvijas Gaze. Additionally, Uniper has initiated cost-efficiency measures, including reducing 400 positions.

Barr noted that Uniper’s focus remains on executing its transformation strategy, with planned investments of €5 billion through 2030 prioritizing renewable energy, hydrogen-ready gas plants, and decarbonization. Credit rating upgrades from S&P and Scope to BBB− and bbb−, respectively, underscore improved financial stability and predictability. While acknowledging near-term challenges in regulatory timelines and hydrogen adoption, Uniper’s leadership expressed confidence in its ability to generate reliable earnings and support Europe’s energy transition.