Electricity supplier increases profit after CEO comeback

Danske Commodities is earning more money, even though revenue is declining for the first time. Previous growth rates are in the past, however, says the CEO.
Photo: /ritzau/Mikkel Berg Pedersen
Photo: /ritzau/Mikkel Berg Pedersen

Danske Commodities earned more on less last year. The Danish electricity supplier increased its net result from DKK 174 to DKK 193 million, year to year, despite a small decline in revenue from DKK 22.2 to DKK 22.1 billion, reports Danish business daily Børsen, which has accessed the company's 2016 report.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    On June 1, Senvion's former CFO Manav Sharma started as US country manager for Nordex. Soon he will have a new factory at his disposal. | Photo: Senvion

    Nordex restarts production in the US

    For subscribers

    Further reading