Consensus

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

Estimates for the business half-year H1 2018

   H1 2018
 in €m  Median   Max   Min  
 Adj. EBITDA  900   934   855  
 Adj. EBIT  578   599   534  
 Underlying Net Income  405   419   391  
 Status: as of July 30, 2018; based on the estimates of 9 participating analysts.

Estimates for the financial years 2018 to 2020

   2018e 2019e 2020e
 in €m  Median   Max   Min   Median   Max   Min   Median   Max   Min  
 Adjusted EBITDA  1,585   1,653   1,476   1,628   1,784   1,508   1,875   2,026   1,733  
 Adjusted EBIT  959   1,001   879   1,008   1,143   884   1,235   1,339   1,038  
 Underlying Net Income  734   833   481   660   774   578   830   943   677  
 Adjusted FFO  734   854   626   884   983   772   1,123   1,468   952  
 FCfO  341   468   153   479   621   233   706   1,027   597  
 Dividend*  311   329   310   406   476   337   527   805   484  
 *with dividend payout in the subsequent year Status: as of July 30, 2018; based on the estimates of 15 participating analysts. 
Note:

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.