RWE AG (RWE.HA)
- Bloomberg
German Coal Company to Get About €1 Billion for Shutting Mines
(Bloomberg) -- Germany’s second largest coal miner is likely to receive in the region of €1 billion ($1.1 billion) in compensation for the shutdown of its fossil operations, with the European Commission set to heavily cut down on agreed state aid, according to people familiar with the matter.Most Read from BloombergWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedModi Set for Landslide Election Win in India, Exit Polls ShowTrump Is Guilty on All Counts in Hush-Money Case. Now
- Simply Wall St.
Returns On Capital Are Showing Encouraging Signs At RWE (ETR:RWE)
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
- Reuters
RWE posts better than expected Q1 profit on strong winds, trading
RWE, Germany's largest electricity producer, on Wednesday posted better-than-expected core profit for the first quarter, boosted by stronger winds and a better than expected performance at its trading division. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for the period fell more than a quarter to 1.71 billion euros ($1.85 billion), while adjusted net profit came in 39% lower at 801 million, both beating the 1.57 billion and 646 million average forecast in a poll consensus provided by the company. RWE still expects to hit the lower end of its profit outlook, which forecasts adjusted EBITDA of 5.2 billion to 5.8 billion euros and adjusted net profit of 1.9 billion to 2.4 billion euros.
