Uniper posts H1 profit drop on carbon allowances provisions
FRANKFURT, Aug 11 (Reuters) - German utility Uniper on Wednesday posted a 16% drop in first-half operating profit, citing an increase in provisions for carbon allowances that it said would be unwound in the final quarter of the fiscal year.
Uniper, which is majority-owned by Finland's Fortum , kept its outlook for 2021, still expecting adjusted earnings before interest and tax of 0.8 billion to 1.05 billion euros ($0.9-$1.2 billion). ($1 = 0.8532 euros) (Reporting by Christoph Steitz Editing by Riham Alkousaa)
