Prior to the full-year results, RWE has suspended the dividend payment for 2015 on common shares and the payment of €0.13 for preferred shares. Moreover, the group has announced that it would book €2.1bn in impairments on its German and UK generation assets, added to a €0.9bn write-down on deferred taxes. RWE has presented preliminary unaudited results for 2015 with EBITDA reaching €7bn, operating profit at €3.8bn and adjusted net income at €1.1bn, with reported
17 Feb 2016
Dividend suspended and 2016 profit warning
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Dividend suspended and 2016 profit warning
RWE AG (RWE:WBO) | 0 0 1.2% | Mkt Cap: 9,772m
- Published:
17 Feb 2016 -
Author:
Juan Camilo Rodriguez -
Pages:
2
Prior to the full-year results, RWE has suspended the dividend payment for 2015 on common shares and the payment of €0.13 for preferred shares. Moreover, the group has announced that it would book €2.1bn in impairments on its German and UK generation assets, added to a €0.9bn write-down on deferred taxes. RWE has presented preliminary unaudited results for 2015 with EBITDA reaching €7bn, operating profit at €3.8bn and adjusted net income at €1.1bn, with reported