Norway's state-owned utility Statkraft has been working full-fledged on its restoration plan throughout 2016, and at the end of the year a modest loss of NOK 179 million (EUR 20 million) was achieved against a massive deficit of NOK 2.3 billion in 2015.
The improved bottom line is presented alongside reduced sales figures which have declined by NOK 2 billion. In spite of this, the company booked a net result from operations (EBITDA) of NOK 13.8 billion total in 2016 and this is NOK 3 billion better than in 2015.
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