UK markets close in 5 hours 22 minutes
  • FTSE 100

    7,514.93
    -21.13 (-0.28%)
     
  • FTSE 250

    20,257.74
    -78.67 (-0.39%)
     
  • AIM

    928.62
    -2.92 (-0.31%)
     
  • GBP/EUR

    1.1892
    +0.0003 (+0.02%)
     
  • GBP/USD

    1.2107
    +0.0013 (+0.11%)
     
  • BTC-GBP

    19,684.14
    -311.71 (-1.56%)
     
  • CMC Crypto 200

    568.60
    -3.31 (-0.58%)
     
  • S&P 500

    4,305.20
    +8.06 (+0.19%)
     
  • DOW

    34,152.01
    +239.61 (+0.71%)
     
  • CRUDE OIL

    86.98
    +0.45 (+0.52%)
     
  • GOLD FUTURES

    1,788.10
    -1.60 (-0.09%)
     
  • NIKKEI 225

    29,222.77
    +353.86 (+1.23%)
     
  • HANG SENG

    19,922.45
    +91.93 (+0.46%)
     
  • DAX

    13,822.49
    -87.63 (-0.63%)
     
  • CAC 40

    6,569.68
    -22.90 (-0.35%)
     

RWE Aktiengesellschaft: Preliminary earnings for fiscal 2021 exceed outlook

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

RWE Aktiengesellschaft / Key word(s): Preliminary Results
RWE Aktiengesellschaft: Preliminary earnings for fiscal 2021 exceed outlook

26-Jan-2022 / 15:26 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Essen, 26 January 2022
RWE's operational performance in the fourth quarter of fiscal 2021 exceeds expectations. In particular, the Hydro/Biomass/Gas segment as well as Supply & Trading performed far better towards year end than assumed. Overall, this resulted in an outperformance of the outlook for fiscal 2021, based on preliminary figures from the ongoing year-end closing process.

The following stated figures for fiscal 2021 are preliminary and unaudited:

  • Adjusted EBITDA of the RWE Group: €3,650 million (outlook: €3,000 to €3.400 million)

  • Adjusted EBITDA of the core business €2,761 million (outlook: €2,150 to 2,550 million)

  • Adjusted EBIT €2,185 million (outlook: €1,500  to €1,900 million)

  • Adjusted net income €1,569 million (outlook: €1,050 to 1,400 million)

  • Net debt: expected to be as of 31 December 2021 significantly below the level at end of September 2021, which was at €2.9 billion


Full results will be presented as planned on 15 March 2022. The dividend target remains at €0.90 per share for fiscal 2021.


Disclosed by Dr Ulrich Rust
General Counsel

26-Jan-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

RWE Aktiengesellschaft

RWE Platz 1

45141 Essen

Germany

Phone:

+49 (0)201-5179 0

Fax:

+49 (0)201-5179 5005

E-mail:

invest@rwe.com

Internet:

www.rwe.com

ISIN:

DE0007037129, Weitere ISINs von Fremdkapital- und Hybridanleihen sind unter http://www.rwe.com/web/cms/de/1775762/rwe/investor-relations/anleihen/finanzierungsinstrumente/rwe-anleihen-im-ueberblick/, aufgelistet.,

WKN:

703712, Weitere WKNs von Fremdkapital- und Hybridanleihen sind unter http://www.rwe.com/web/cms/de/1775762/rwe/investor-relations/anleihen/finanzierungsinstrumente/rwe-anleihen-im-ueberblick/ aufgelistet.

Listed:

Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange

EQS News ID:

1273208


 

End of Announcement

DGAP News Service

show this
show this
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting