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RWE Aktiengesellschaft Altenessener Straße 35 45141 Essen, Germany http://www.rwe.com
Contact Ms Vera Bücker +49 201 1215140
Company logo of RWE Aktiengesellschaft
RWE Aktiengesellschaft

RWE: earnings forecast for 2016 confirmed

Operating result for first quarter of 2016 up 7% year on year / Moderate increase in net debt expected for 2016

(PresseBox) (Essen, )
In the first three months of 2016, the RWE Group’s EBITDA rose 5% compared to the previous year’s period, to €2.3 billion, and its operating result was up 7% to €1.7 billion. This was partly attributable to energy trading, which made an unusually high earnings contribution: the operating result for the Trading/Gas Midstream Division increased to €166 million (previous year €7 million). Revenues from energy trading are, however, subject to major fluctuations during the year.

“Overall, we have achieved a thoroughly respectable result for the first quarter,” said Dr. Bernhard Günther, Chief Financial Officer of RWE AG. “Our three future-oriented ygwqesqhs, Gxyfbervha, Thowb jrk Vhyumj, szq lnsmzgmwev nfkj. Uu akjepza nxj qqaehijp cdmmigjd bns 5996.”

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