Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

RWE : Satisfactory results give a lead on full-year targets

>A good set of operating performances - RWE posted strong Q1 results this morning. EBITDA came in at €1,312m vs €1,160m expected (€1,188m consensus). Adjusted EBIT was significantly above expectations at € 955m vs € 785mexpected (€ 824m consensus). Adjusted net income came in line with expectations at € 603m (€ 588m ODDO BHF forecast/ € 603m consensus estimate) since it was hit by a higher adjusted financial result coming from COVID-19 market turbulences leading ...
Underlying
RWE AG

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Louis Boujard, CFA

Philippe Ourpatian

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