Swedish utility Vattenfall has seen its profit plunge in the first quarter of the year amid a drop in sales and lower commodity prices, however the company’s wind segment continues to register growth.
Vattenfall reported a profit of SKr3.8bn ($429m) in the three months period compared to a net profit of SKr6.8bn in the same period last year.
The fall was due to a 4% drop in sales to SKr40.1bn
