Overview
- Uniper will ask shareholders to approve a €300 million payout, equal to €0.72 per share, its first dividend in four years.
- The German federal government holds about 99% of the company and would receive nearly the entire distribution.
- For 2025, Uniper met its own targets with adjusted EBITDA of €1.1 billion and adjusted net income of €544 million, down from exceptional prior-year levels.
- Management expects 2026 results broadly in line with 2025, guiding to adjusted EBITDA of €1.0–€1.3 billion and adjusted net income of €350–€600 million.
- The company plans around €5 billion of investment through 2030, including over €2.5 billion in Germany for hydrogen-ready gas plants at Gelsenkirchen and Staudinger, as the state works toward cutting its stake to 25% plus one share by end-2028.