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RSS FeedsRWE remains right on track after the first three quarters of fiscal 2017
(WorldNews Germany)

 
 

14 november 2017 15:17:16

 
RWE remains right on track after the first three quarters of fiscal 2017
(WorldNews Germany)
 


Earnings clearly up year on year: adjusted EBITDA and adjusted net income rise by EUR354 million and EUR649 million, respectively Full-year forecast for 2017 confirmed at the upper end of the range Net debt reduced significantly, declining by about EUR3.3 billion Dr. Markus Krebber, CFO of RWE AG: `We are very satisfied with this year`s business performance so far: earnings in the trading business have returned to a good level. European Power is performing much better in operating terms. We reduced debt significantly, and our rating has stabilised. RWE has regained the power to shape itself.` RWE remains right on track after the first nine months of fiscal 2017. From January to September, the...


 
14 viewsCategory: General > Europe > Germany
 
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