Reported Earnings • Mar 13
Full year 2025 earnings released: EPS: €4.30 (vs €6.91 in FY 2024) Full year 2025 results: EPS: €4.30 (down from €6.91 in FY 2024). Revenue: €22.6b (down 6.8% from FY 2024). Net income: €3.13b (down 39% from FY 2024). Profit margin: 14% (down from 21% in FY 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Renewable Energy industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year. Reported Earnings • Nov 13
Third quarter 2025 earnings released: EPS: €1.17 (vs €1.58 in 3Q 2024) Third quarter 2025 results: EPS: €1.17 (down from €1.58 in 3Q 2024). Revenue: €3.21b (down 32% from 3Q 2024). Net income: €846.0m (down 28% from 3Q 2024). Profit margin: 26% (up from 25% in 3Q 2024). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Renewable Energy industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Bekanntmachung • Mar 25
Elliott Investment Management Urges RWE Aktiengesellschaft to Increase and Accelerate Share Buyback Program On March 24, 2025, Elliott Investment Management LP announced its push for RWE Aktiengesellschaft to ramp up its share buyback program following a cut in its investment strategy. New Risk • Mar 23
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 34% per year for the foreseeable future. High level of non-cash earnings (22% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Mar 20
Full year 2024 earnings released: EPS: €6.91 (vs €1.95 in FY 2023) Full year 2024 results: EPS: €6.91 (up from €1.95 in FY 2023). Revenue: €29.8b (up 4.2% from FY 2023). Net income: €5.14b (up 254% from FY 2023). Profit margin: 17% (up from 5.1% in FY 2023). The increase in margin was primarily driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 1.5% growth forecast for the Renewable Energy industry in Europe. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Bekanntmachung • Mar 14
RWE Reportedly Seeks Buyers for Amprion Stake RWE Aktiengesellschaft (XTRA:RWE) is initiating the first bidding round to sell its stake in local power grid operator Amprion GmbH, German paper Handelsblatt reported on March 13, 2025, citing people familiar with the matter. According to analysts’ estimate previously published by Reuters, the shareholding could be worth about EUR 1.6 billion ($1.73 billion). Handelsblatt said non-binding bids are to be submitted initially. A few weeks later, a second round with binding offers could follow. Sovereign wealth funds and pension funds are seen as possible buyers, including funds from Canada, Norway, or the Netherlands. The Qatari sovereign wealth fund Qatar Investment Authority (QIA) is also considered a potential candidate. In theory, the German state-owned development bank KfW, which belongs to the federal government, could also be an option. Amprion is 25.1% owned by RWE and 74.9% by investment company M31. The grid company operates an extra-high-voltage network of 11,000 kilometers, spanning from the North Sea to the Alps. Reported Earnings • Nov 14
Third quarter 2024 earnings released: EPS: €1.56 (vs €2.44 in 3Q 2023) Third quarter 2024 results: EPS: €1.56 (down from €2.44 in 3Q 2023). Revenue: €6.83b (up 12% from 3Q 2023). Net income: €1.16b (down 36% from 3Q 2023). Profit margin: 17% (down from 30% in 3Q 2023). Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Europe are expected to grow by 5.4%. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: €2.81 (vs €0.53 in 2Q 2023) Second quarter 2024 results: EPS: €2.81 (up from €0.53 in 2Q 2023). Revenue: €5.34b (down 18% from 2Q 2023). Net income: €2.09b (up 431% from 2Q 2023). Profit margin: 39% (up from 6.0% in 2Q 2023). Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Europe are expected to grow by 7.1%. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: €2.81 (vs €0.53 in 2Q 2023) Second quarter 2024 results: EPS: €2.81 (up from €0.53 in 2Q 2023). Revenue: €5.34b (down 18% from 2Q 2023). Net income: €2.09b (up 431% from 2Q 2023). Profit margin: 39% (up from 6.0% in 2Q 2023). Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Europe are expected to grow by 7.1%. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: €2.81 (vs €0.53 in 2Q 2023) Second quarter 2024 results: EPS: €2.81 (up from €0.53 in 2Q 2023). Revenue: €5.34b (down 18% from 2Q 2023). Net income: €2.09b (up 431% from 2Q 2023). Profit margin: 39% (up from 6.0% in 2Q 2023). Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Europe are expected to grow by 7.1%. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: €2.81 (vs €0.53 in 2Q 2023) Second quarter 2024 results: EPS: €2.81 (up from €0.53 in 2Q 2023). Revenue: €5.34b (down 18% from 2Q 2023). Net income: €2.09b (up 431% from 2Q 2023). Profit margin: 39% (up from 6.0% in 2Q 2023). Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Europe are expected to grow by 7.1%. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: €2.81 (vs €0.53 in 2Q 2023) Second quarter 2024 results: EPS: €2.81 (up from €0.53 in 2Q 2023). Revenue: €5.34b (down 18% from 2Q 2023). Net income: €2.09b (up 431% from 2Q 2023). Profit margin: 39% (up from 6.0% in 2Q 2023). Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Europe are expected to grow by 7.1%. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: €2.81 (vs €0.53 in 2Q 2023) Second quarter 2024 results: EPS: €2.81 (up from €0.53 in 2Q 2023). Revenue: €4.59b (down 16% from 2Q 2023). Net income: €2.09b (up 430% from 2Q 2023). Profit margin: 46% (up from 7.2% in 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 6.7% growth forecast for the Renewable Energy industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: €2.81 (vs €0.53 in 2Q 2023) Second quarter 2024 results: EPS: €2.81 (up from €0.53 in 2Q 2023). Revenue: €4.59b (down 16% from 2Q 2023). Net income: €2.09b (up 430% from 2Q 2023). Profit margin: 46% (up from 7.2% in 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 6.7% growth forecast for the Renewable Energy industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: €2.81 (vs €0.53 in 2Q 2023) Second quarter 2024 results: EPS: €2.81 (up from €0.53 in 2Q 2023). Revenue: €4.59b (down 16% from 2Q 2023). Net income: €2.09b (up 430% from 2Q 2023). Profit margin: 46% (up from 7.2% in 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 6.7% growth forecast for the Renewable Energy industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: €2.81 (vs €0.53 in 2Q 2023) Second quarter 2024 results: EPS: €2.81 (up from €0.53 in 2Q 2023). Revenue: €4.59b (down 16% from 2Q 2023). Net income: €2.09b (up 430% from 2Q 2023). Profit margin: 46% (up from 7.2% in 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 6.7% growth forecast for the Renewable Energy industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: €2.81 (vs €0.53 in 2Q 2023) Second quarter 2024 results: EPS: €2.81 (up from €0.53 in 2Q 2023). Revenue: €4.59b (down 16% from 2Q 2023). Net income: €2.09b (up 430% from 2Q 2023). Profit margin: 46% (up from 7.2% in 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 6.7% growth forecast for the Renewable Energy industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Bekanntmachung • Aug 15
RWE Aktiengesellschaft (XTRA:RWE) announces an Equity Buyback for €25 million worth of its shares. RWE Aktiengesellschaft (XTRA:RWE) announces a share repurchase program. Under the program, the company will repurchase €25 million worth of its shares. The program serves the sole purpose of meeting obligations arising from an employee share program. The purchase price shall not exceed the higher of the last independent transaction and the current highest bid on the trading platform on which the acquisition is made. The program is valid till November 19, 2024. New Risk • Aug 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swiss stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.1% average weekly change). Buy Or Sell Opportunity • Jul 29
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at CHF32.83. The fair value is estimated to be CHF27.26, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to decline by 2.6% per annum. Earnings are forecast to grow by 0.5% per annum over the same time period. Reported Earnings • May 16
First quarter 2024 earnings released: EPS: €2.58 (vs €2.15 in 1Q 2023) First quarter 2024 results: EPS: €2.58 (up from €2.15 in 1Q 2023). Revenue: €6.63b (down 29% from 1Q 2023). Net income: €1.92b (up 20% from 1Q 2023). Profit margin: 29% (up from 17% in 1Q 2023). Revenue is expected to decline by 1.5% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Europe are expected to grow by 4.6%. Buy Or Sell Opportunity • May 16
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 16% to CHF35.45. The fair value is estimated to be CHF29.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to decline by 3.5% per annum. Earnings are forecast to grow by 3.7% per annum over the same time period. Bekanntmachung • May 08
RWE Reportedly Explores Options for Amprion Stake RWE Aktiengesellschaft (XTRA:RWE) is considering the option of selling its 25.1% stake in local power grid operator Amprion GmbH, German paper Handelsblatt reported on May 7, 2024. A sales process could possibly start later in 2024, the paper said, citing insiders. When contacted by Handelsblatt, RWE's spokesperson said: ‘Given the high capital requirements for grid expansion, we are currently examining various options and financing possibilities regarding our stake in Amprion.’ A potential buyer of RWE’s stake could be the German state. The government already owns shareholdings in transmission system operators 50 Hertz and TransnetBW and is in discussions to acquire the German operations of Dutch state-owned Tennet Holding BV. Bekanntmachung • Apr 09
RWE Aktiengesellschaft to Report Nine Months, 2024 Results on Nov 13, 2024 RWE Aktiengesellschaft announced that they will report nine months, 2024 results on Nov 13, 2024 New Risk • Mar 17
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.2% Last year net profit margin: 6.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.2% net profit margin). Reported Earnings • Mar 14
Full year 2023 earnings released: EPS: €1.95 (vs €3.93 in FY 2022) Full year 2023 results: EPS: €1.95 (down from €3.93 in FY 2022). Revenue: €28.6b (down 26% from FY 2022). Net income: €1.45b (down 47% from FY 2022). Profit margin: 5.1% (down from 7.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Renewable Energy industry in Europe. New Risk • Nov 17
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 24% per year for the foreseeable future. High level of non-cash earnings (20% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (10% increase in shares outstanding). Reported Earnings • Nov 15
Third quarter 2023 earnings released: EPS: €2.44 (vs €0.03 in 3Q 2022) Third quarter 2023 results: EPS: €2.44 (up from €0.03 in 3Q 2022). Revenue: €6.07b (down 44% from 3Q 2022). Net income: €1.81b (up €1.80b from 3Q 2022). Profit margin: 30% (up from 0.2% in 3Q 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Renewable Energy industry in Europe. Bekanntmachung • Nov 14
RWE Aktiengesellschaft, Annual General Meeting, May 03, 2024 RWE Aktiengesellschaft, Annual General Meeting, May 03, 2024. Bekanntmachung • Oct 31
Equinor, RWE Reportedly to Place Joint Bid in Norwegian Offshore Tender Norwegian oil and gas group Equinor ASA (OB:EQNR) intends to take part in the bidding for Norway's Sorlige Nordsjo II area that could host up to 1.5 GW of offshore wind turbine capacity, according to a Reuters report. The bid will come from a partnership between Equinor and German energy major RWE AG (XTRA:RWE), the Norwegian group's CEO Anders Opedal has said on the sidelines of its third-quarter earnings presentation. Potentially, Soerlige Nordsjoe II could become home to wind farms with a combined capacity of between 1.4 GW and 1.5 GW. Bidding for the zone was initiated in March together with a tender for the Utsira Nord offshore wind area, which is temporarily on hold. Once completed, the two tenders will pave the way for the construction of the first large offshore wind parks in Norwegian waters. State support for the development of Soerlige Nordsjoe II stands at NOK 23 billion (USD 2.05 billion /EUR 1.94 billion). The level of financing was extended this summer in order to mitigate the effects of rising inflation and increased supply chain costs. The competition will be open for submissions by November 15, 2023 following a recent revision of the bidding deadline. Bekanntmachung • Sep 19
RWE Aktiengesellschaft to Report Fiscal Year 2023 Results on Mar 14, 2024 RWE Aktiengesellschaft announced that they will report fiscal year 2023 results at 9:00 AM, Central European Standard Time on Mar 14, 2024 Bekanntmachung • Aug 26
CEPS, a.s. signed an agreement to acquire Rwe Gas Storage Cz, s.r.o. from RWE Aktiengesellschaft (XTRA:RWE) for €360 million. CEPS, a.s. signed an agreement to acquire Rwe Gas Storage Cz, s.r.o. from RWE Aktiengesellschaft (XTRA:RWE) for €360 million on August 24, 2023. The subject of the sale is the company including the entire workforce, consisting of 250 employees. CEPS, a.s. will finance the purchase in the short term from the surplus of its own resources and will also use proceeds from cross border capacity auctions. The purchase was approved by the Government of the Czech Republic. The transaction is expected to be closed in 2023. Barclays PLC acted as financial advisor to RWE Aktiengesellschaft in the transaction. New Risk • Aug 15
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 12% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 12% per year for the foreseeable future. High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (10% increase in shares outstanding). Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: €0.53 (vs €0.12 loss in 2Q 2022) Second quarter 2023 results: EPS: €0.53 (up from €0.12 loss in 2Q 2022). Revenue: €5.48b (down 34% from 2Q 2022). Net income: €395.0m (up €478.0m from 2Q 2022). Profit margin: 7.2% (up from net loss in 2Q 2022). Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Europe are expected to grow by 6.7%. Bekanntmachung • Jun 30
RWE Appoints Thomas Michel as COO Offshore Wind, Effective September 1, 2023 RWE has appointed Dr Thomas Michel Chief Operating Officer (COO) of the company's Offshore Wind business as of 1 September 2023. Michel will take on responsibility for this newly created Board division as a very experienced manager who has worked at RWE for many years. The new board division has been set up in recognition of the growing number of offshore wind farms operated by RWE and to place even more management focus on the large projects under construction than before. Some of the upcoming tasks will include the construction and operation as well as engineering of RWE's offshore wind farms, and responsibility for Health, Safety, Security & Environment (HSSE). Thomas Michel has been working in the wind sector for almost 15 years. He has dedicated most of his career to ensuring the safe operation of offshore wind assets as well as the commissioning of new wind farms. These include RWE's offshore wind farm Kaskasi with 342 megawatts (MW) off the coast of Heligoland, as well as Triton Knoll. With capacity of 857 MW (RWE's share: 506 MW), Triton Knoll is the largest wind farm in operation thus far. Initially at E.ON, and then at RWE, Michel has been responsible for the operation and maintenance of the entire offshore wind fleet. Currently, the company has 19 offshore wind farms in operation in five countries, with a total installed capacity of 6.2 gigawatts (GW), with RWE holding a 3.3 GW share in these projects. Bekanntmachung • May 20
RWE Aktiengesellschaft to Report Q3, 2023 Results on Nov 14, 2023 RWE Aktiengesellschaft announced that they will report Q3, 2023 results on Nov 14, 2023 Reported Earnings • May 17
First quarter 2023 earnings released: EPS: €2.15 (vs €3.20 in 1Q 2022) First quarter 2023 results: EPS: €2.15 (down from €3.20 in 1Q 2022). Revenue: €9.41b (up 18% from 1Q 2022). Net income: €1.60b (down 26% from 1Q 2022). Profit margin: 17% (down from 27% in 1Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 5.1% growth forecast for the Renewable Energy industry in Europe. Bekanntmachung • May 11
Iberdrola Denies Plan to Acquire RWE Spanish power company Iberdrola, S.A. (BME:IBE) denied on Tuesday that it was looking into acquiring Germany’s biggest utility, RWE Aktiengesellschaft (XTRA:RWE), in a deal worth EUR 31 billion ($34.12 billion) as earlier reported by local media. Citing sources familiar with the matter, Spanish newspaper Okdiario said Iberdrola was working with JPMorgan Chase & Co. (NYSE:JPM) to “analyse the possibility” of acquiring RWE and the “advantages and disadvantages of the operation”. Asked by Reuters about a potential acquisition, a spokesperson for Iberdrola denied it. The deal, according to Okdiario, would take Iberdrola’s renewable energy business to new heights. RWE shares rose 1.67% on May 9, 2023. Bekanntmachung • Feb 13
RWE Aktiengesellschaft to Report First Half, 2023 Results on Aug 10, 2023 RWE Aktiengesellschaft announced that they will report first half, 2023 results on Aug 10, 2023 Bekanntmachung • Feb 07
RWE Aktiengesellschaft to Report Fiscal Year 2022 Results on Mar 21, 2023 RWE Aktiengesellschaft announced that they will report fiscal year 2022 results on Mar 21, 2023 Bekanntmachung • Jan 26
RWE Aktiengesellschaft Announces Dividend Target for Fiscal Year 2022 RWE Aktiengesellschaft announced the dividend target remains at €0.90 per share for fiscal 2022. Bekanntmachung • Nov 14
RWE Aktiengesellschaft to Report Q1, 2023 Results on May 11, 2023 RWE Aktiengesellschaft announced that they will report Q1, 2023 results on May 11, 2023 Reported Earnings • Aug 12
Second quarter 2022 earnings released: €0.12 loss per share (vs €0.80 profit in 2Q 2021) Second quarter 2022 results: €0.12 loss per share (down from €0.80 profit in 2Q 2021). Revenue: €8.25b (up 120% from 2Q 2021). Net loss: €83.0m (down 116% from profit in 2Q 2021). Over the next year, revenue is expected to shrink by 30% compared to a 2,591% growth forecast for the industry in Switzerland. Reported Earnings • May 14
First quarter 2022 earnings released: EPS: €3.20 (vs €1.32 in 1Q 2021) First quarter 2022 results: EPS: €3.20 (up from €1.32 in 1Q 2021). Revenue: €7.94b (up 69% from 1Q 2021). Net income: €2.17b (up 142% from 1Q 2021). Profit margin: 27% (up from 19% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 30% compared to a 1,918% growth forecast for the industry in Switzerland. Reported Earnings • Mar 16
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: €1.07 (down from €1.22 in FY 2020). Revenue: €26.8b (up 94% from FY 2020). Net income: €721.0m (down 6.8% from FY 2020). Profit margin: 2.7% (down from 5.6% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 67%. Over the next year, revenue is forecast to decline by 45% while the industry in Switzerland is not expected to grow. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS €0.80 (vs €0.45 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €3.74b (up 40% from 2Q 2020). Net income: €537.0m (up 95% from 2Q 2020). Profit margin: 14% (up from 10% in 2Q 2020).