Vattenfall AB
Evenemangsgatan 13 , Solna, Sweden | Energy
Vattenfall is 100 percent owned by the Swedish state and is one of Europe's largest generators of electricity.
Vattenfall's main products are electricity, heat and gas. In electricity and heat, Vattenfall works in all parts of the value chain: generation, distribution and sales. In gas, Vattenfall is active in sales. We also conduct energy trading.
Vattenfall's strategy and strategic focus areas
Vattenfall is owned by the Swedish state. The owner's directive for the company is:
Vattenfall's overarching strategy is focused on strengthening the company's customer focus and on transforming to a more sustainable energy portfolio. Parallel with this, Vattenfall must be able to generate a market rate of return to the owner and be a long-term financially stable company.
Vattenfall's overarching strategy for the years ahead is focused on the following;
Our three strategic focus areas:
- Strong customer focus and new customer-centric business models.
- A more sustainable energy portfolio.
- Increased business focus in all operations.
Targets and target achievements
Vattenfall's assignment is to generate a market rate of return by operating an energy business in such a way that the company is among the leaders in developing environmentally sustainable energy production.
Stable financial performance, that provides scope for long-term investments enables environmentally sustainable energy production as well as new product solutions for sustainable consumption of electricity, gas and heat.
Vattenfall's owner and board of directors have set four financial targets for the Group, and the Board has set three sustainability targets.
Financial targets
The financial targets relate to profitability, capital structure and the
dividend policy, and were set by the owner in November 2012. The targets are intended to ensure:
- Value creation and a market rate of return
- An efficient capital structure
- Financial risk kept at a reasonable level
| Company Details | |
|---|---|
| Company Name | Vattenfall AB |
| Business Category | Energy |
| Address | Evenemangsgatan 13 Solna Sweden |
| President | NA |
| Year Established | 1909 |
| Employees | 10000 |
| Memberships | NA |
| Hours of Operation | NA |
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