Statkraft completes hat trick with best result to date

Statkraft presents profit for the third year in a row and can thereby celebrate an economic hat trick following a series of deficit years in the mid-2010s. Profit, however, fell slightly in 2019 from NOK 13.39 billion to NOK 11.33 billion.

Christian Rynning-Tønnesen, CEO of Statkraft, at the utility's 120th anniversary celebration in 2015. | Photo: PR / Statkraft

by VICTOR EMIL KRISTENSEN

After several years with red bottom-line figures, Norwegian utility Statkraft ends the decade in style with 2019 being yet another year with a handsome profit.

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