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Sweden's Vattenfall results nuked by atomic energy taxStockholm (AFP) Feb 3, 2016 Swedish state-owned energy group Vattenfall on Wednesday reported a record loss for 2015, blaming a tax on nuclear energy and sliding electricity prices. The company's net loss came in at 19.8 billion kronor (2.1 billion euros, $2.3 billion), compared to an 8.3-billion-kronor loss the previous year, while sales eased one percent to 165 billion kronor. "The major challenge in 2015 continued to be the impact that today's very low electricity prices have on Vattenfall's profitability and on the val ... read more |
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