Analysts‘ Estimates

The forecasts published here are based on independent estimates by domestic and international financial analysts who conduct evaluations of Uniper SE's business performance.

For your convenience, we have compiled summaries of analyst estimates for principal reference indicators.

References to recommendations and ratings is for informational purposes only. Uniper SE accepts no liability for the selection, currency, completeness or accuracy of analyst recommendations and estimates. None of the information shall be construed as an offer to buy Uniper shares. Uniper SE accepts no liability for damages incurred by third parties arising from the information obtained.

Consensus estimates of principal indicators for Uniper SE

   2018e 2019e 2020e
 in €m  Median   Max   Min   Median   Max   Min   Median   Max   Min  
 Adjusted EBITDA  1,585   1,967   1,476   1,728   1,931   1,508   1,925   1,973   1,825  
 Adjusted EBIT  960   1,052   887   1,051   1,134   963   1,244   1,420   1,156  
 Underlying Net Income  646   833   588   719   791   596   851   965   806  
 Adj. FFO  698   754   610   902   978   775   1,137   1,278   990  
 FCfO  315   366   153   504   555   233   715   862   562  
 Dividend*  311   329   242   408   498   260   589   776   456  
 *with dividend payout in the subsequent year Status: as of March 27, 2018; based on the estimates of 16 participating analysts. 

This report was prepared by Vara Research GmbH for informational purposes only and is not intended to provide investment advice. It is based on an evaluation of past and an estimation of future earnings and performance of the relevant company by various market analysts. Owing to their subjective character, such estimates and forecasts cannot be independently verified. Despite careful review, Vara Research GmbH cannot provide any guarantee, assurance or warranty as to completeness or accuracy; responsibility and liability is therefore excluded.