Uniper’s first-half core profit rises on stronger gas business

FRANKFURT, Aug 11 (Reuters) – German state-owned utility Uniper (UN0k.DE),  on Tuesday reported that core ​profit nearly doubled in the first ‌half of 2026, boosted by the absence of negative impact on the group’s ​gas business that had weighed ​on profits a year earlier.Results are ⁠closely watched because Berlin is currently ​running a process to sell most ​of its stake in the company in what could become the German energy sector’s ​biggest reshuffle since the 2022 energy ​crisis.

• First-half adjusted core profit is up 88% ‌at €711 ⁠million ($820 million), while adjusted net profit more than doubled to €388 million.
• The company raised the lower end of it ​outlook ranges ​for ⁠both adjusted net profit and core profit in 2026.
• It ​now expects adjusted core profit ​of €1.1 ⁠billion to €1.3 billion, up from €1.0 billion to €1.3 billion previously.
• Adjusted net income is ⁠seen ​at €500 million to €600 million, ​compared with €350 million to €600 million, previously.

($1 = 0.8666 euros)

Reporting ​by Christoph Steitz Editing by Linda Pasquini.