Vattenfall post small net profit in 3Q after lignite sale

The sale of its German lignite operations weighed on third quarter results at Vattenfall, heavily shrinking net profit as the Swedish utility is embarking into a future without fossil energy generation.

installation work at Vattenfall's Sandbank offshore array
installation work at Vattenfall's Sandbank offshore array
Published 27 October 2016, 14:21Updated 27 October 2016, 14:21