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MarketScreener Homepage  >  Equities  >  Xetra  >  Uniper SE    UN01   DE000UNSE018

UNIPER SE

(UN01)
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Uniper Reaches Employee Agreements After Closure of Fortum Deal

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07/16/2020 | 08:57am EDT

By Giulia Petroni

 

Uniper SE said Thursday that it has reached an agreement with representatives from unions to guarantee employees' stability and job security.

The German utility said existing collective and company agreements have been extended until the end of 2026, with an additional two-year extension option, and that it would adhere to existing collective bargaining agreements at the company's European locations. Finland's Fortum Oyj completed a deal to become Uniper's majority owner earlier this year.

Uniper also said Dusseldorf would remain its headquarters at least for the duration of the agreement and that the current number of employees would remain generally stable at its central European locations.

The agreement comes as Uniper focuses increasingly on a decarbonized energy supply, committing to closing down German hard-coal power plants by 2025.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

Stocks mentioned in the article
ChangeLast1st jan.
FORTUM OYJ -0.43% 17.495 Delayed Quote.-20.09%
UNIPER SE -0.40% 29.94 Delayed Quote.1.93%
WTI -0.11% 40.63 Delayed Quote.-34.56%
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Financials
Sales 2020 65 831 M 77 412 M 77 412 M
Net income 2020 673 M 791 M 791 M
Net Debt 2020 1 824 M 2 145 M 2 145 M
P/E ratio 2020 16,4x
Yield 2020 4,55%
Capitalization 11 008 M 12 929 M 12 945 M
EV / Sales 2020 0,19x
EV / Sales 2021 0,19x
Nbr of Employees 11 500
Free-Float 26,6%
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Technical analysis trends UNIPER SE
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TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
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Mean consensus UNDERPERFORM
Number of Analysts 18
Average target price 25,18 €
Last Close Price 30,08 €
Spread / Highest target 4,72%
Spread / Average Target -16,3%
Spread / Lowest Target -40,2%
EPS Revisions
Managers
NameTitle
Andreas Schierenbeck Chief Executive Officer
Klaus-Dieter Maubach Chairman-Supervisory Board
David Bryson Chie Operating Officer
Sascha Bibert Chief Financial Officer
Oliver Biniek Member-Supervisory Board
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ENGIE-17.36%33 728
ELECTRICITÉ DE FRANCE-13.48%31 264