• 2017 results within expectations. • Proposed dividends for 2017 (€1.50) and 2018 (€0.70) are above expectations. • The semi-regulated renewables business being integrated into RWE will, in future, not be covered by subsidies and will be exposed to prices (such as the recent offshore auctions). • No synergies expected between conventional and renewable generation.
13 Mar 2018
Results within expectations, positive dividend surprise; more clarity on the transaction
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Results within expectations, positive dividend surprise; more clarity on the transaction
RWE AG (RWE:WBO) | 0 0 1.2% | Mkt Cap: 9,772m
- Published:
13 Mar 2018 -
Author:
Juan Camilo Rodriguez -
Pages:
3
• 2017 results within expectations. • Proposed dividends for 2017 (€1.50) and 2018 (€0.70) are above expectations. • The semi-regulated renewables business being integrated into RWE will, in future, not be covered by subsidies and will be exposed to prices (such as the recent offshore auctions). • No synergies expected between conventional and renewable generation.