RWE and KKR bid for Uniper. Uniper stock loses 1.70 percent.

Published on 10/06/2026 at 13:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Uniper reported EUR 711 million adjusted EBITDA in the first half of 2026. Uniper stock costs EUR 46.33 on October 6, 2026 after EUR 47.13.

Uniper SE, DE000UNSE026, Illustration mit AI erstellt.

RWE and KKR made a nonbinding bid for Uniper, as Börse Express reported on September 29, 2026. Uniper stock was trading at EUR 46.33 at Lang & Schwarz on October 6, 2026 at 12:59 p.m. CEST, down 1.70 percent versus the prior close of EUR 47.13.

First-half earnings improved

Uniper generated adjusted EBITDA of EUR 711 million and adjusted net income of EUR 388 million in the first half of 2026, according to Yahoo Finance on August 11, 2026. Adjusted EBITDA stood at EUR 379 million in the prior-year period, while adjusted net income was EUR 135 million, giving investors a clear numerical comparison for the operating recovery.

The earnings mix was uneven. Adjusted EBITDA in Green Generation fell to EUR 302 million from EUR 420 million, while Greener Commodities swung to EUR 260 million from negative EUR 296 million in the first half of 2025, according to Yahoo Finance.

Guidance range moves higher

Uniper reaffirmed its full-year 2026 forecast while lifting the lower end of its adjusted EBITDA range to EUR 1.1 billion from EUR 1.0 billion. The upper end stayed at EUR 1.3 billion, while adjusted net income guidance moved to EUR 500 million to EUR 600 million from EUR 350 million to EUR 600 million, per Yahoo Finance.

The ownership process adds a separate valuation variable. Börse Express reported on September 29, 2026 that the German government must reduce its Uniper stake to no more than 25 percent plus one share by the end of 2028. The bid from RWE and KKR is nonbinding, so the operating improvement and the ownership timetable remain distinct factors for the valuation.

Uniper stock trades below its prior close

Uniper stock was trading at EUR 46.33 at Lang & Schwarz on October 6, 2026 at 12:59 p.m. CEST, compared with a prior close of EUR 47.13, a decline of 1.70 percent. The further course of trading is shown by the continuously updated real-time quote of Uniper stock.