Report
Tancrede Fulop
EUR 101.80 For Business Accounts Only

RWE's 2018 Earnings Outlook In Line With Expectations, but Dividend Below

Following the announcement of the sale of Innogy's networks and retail activities to E.ON, a deal that we see as positive for RWE, the German utility disclosed 2017 results and a 2018 earnings outlook that are both in line with expectations. However, the 2018 dividend, envisaged at EUR 0.70, is well below our EUR 1 projection and below market expectations of EUR 0.87, whereas RWE will continue to receive dividend payments from Innogy in 2018 and 2019. We will likely increase our fair value estim...
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Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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Tancrede Fulop

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