Radiocor News

RWE Q1 adj EBITDA 1.6 bln eur, up 25%

(Il Sole 24 Ore Radiocor) - Milano, 13 mag - The German power utility RWE said that in the first quarter adjusted EBITDA increased 25% to 1.6 billion euros.

Adjusted earnings per share also grew 25% to 0.85 euros.

RWE said that it invested a net 2.3 billion euros in the quarter to expand its generation portfolio. For the full year,it plans to make net investments of 6-8 billion euros.

New plants with a total capacity of 10.4 gigawatts are currently under construction.

RWE expects to achieve adjusted EBITDA in a range of 5.2-5.8 billion euros and adjusted net income of 1.55-2.05 billion in the current financial year.

Adjusted earnings per share are expected to be 2.20-2.90 euros in the full year and the the dividend target on 2026.

results is 1.32 euros per share.

(RADIOCOR) 13-05-26 11:44:50 (0330) 5 NNNN

 


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