A mixed start of the year for RWE with revenues decreasing by 2.7% to €13,294m, adjusted EBITDA and operating profit decreasing by 6.5% and 5.2% respectively and adjusted net income falling by 17.8% to €689m. The negative results were impacted by lower profits from the nuclear and lignite plants with values below market expectations. On a reported basis, the results are different as profit before tax increased by 45% to €1,674m and net income was raised by 10% to €946m, ma
15 May 2017
RWE stand-alone situation improves
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RWE stand-alone situation improves
RWE AG (RWE:WBO) | 0 0 1.2% | Mkt Cap: 9,772m
- Published:
15 May 2017 -
Author:
Juan Camilo Rodriguez -
Pages:
4
A mixed start of the year for RWE with revenues decreasing by 2.7% to €13,294m, adjusted EBITDA and operating profit decreasing by 6.5% and 5.2% respectively and adjusted net income falling by 17.8% to €689m. The negative results were impacted by lower profits from the nuclear and lignite plants with values below market expectations. On a reported basis, the results are different as profit before tax increased by 45% to €1,674m and net income was raised by 10% to €946m, ma