RWE : A prosperous period that might last longer than expected
>H1 2022 earnings in line with the preliminary results - Yesterday, RWE published H1 2022 earnings in line with the preliminary results released in July (cf. our equity flash of 28 July 2022 “FY 2022 guidance raised”). Adjusted EBITDA came to € 2,858m (+63% y-o-y) and core business EBITDA to € 2,357m (+95% y-o-y) due to a strong performance from all the core business segments. See details by division on page 3. Adjusted EBIT was € 2,104m (+102% y-o-y) and adjusted net...RWE is an electricity and gas company. The Conventional Power Generation segment consists of the activities of RWE Power, Essent and RWE npower. The Supply/Distribution Networks Germany segment supplies electricity, gas and heat. The Supply Netherlands/Belgium segment comprises the activities of Essent in the Netherlands. The Supply United Kingdom segment comprises the operations of RWE npower. The Central Eastern and South Eastern European segment contains activities in the Czech Republic, Hungary, Poland, Slovakia, Turkey and Croatia. The Renewables, Upstream Gas & Oil and Trading/Gas Midstream segments include the activities of RWE Innogy, RWE Dea and RWE Supply & Trading, respectively.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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