Nuon turnover down 7% in Q2
Holland’s second biggest energy concern Nuon has reported a 7% fall in turnover to €1.13bn during the second quarter as a result of warm weather. The company booked a 52% fall in net profit to €168m in the April to June period.
This decrease is due largely to one-off windfalls in 2006, said Nuon. Net profit excluding incidental items was up 26% to €175m, it said.
Nuon reduced the price for electricity by 3.5% and 8.6% for gas from 1 July 2007.
Nuon said it has lost around 1% of its Dutch market share in the second quarter.
Outside the Netherlands, Nuon added 14,000 new customers in Belgium and 70,000 new customers in Germany in the first half of 2007.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.Make a donation