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DGAP-Adhoc: RWE Aktiengesellschaft: Preliminary earnings for fiscal 2021 exceed outlook

eqs_en 
0 0 26.01.22
DGAP-Adhoc: RWE Aktiengesellschaft: Preliminary earnings for fiscal 2021 exceed outlook: http://s3-eu-west-1.amazonaws.com/sharewise-dev/attachment/file/23625/RWE-Geschaeftsbericht-2013.svg.png
 

DGAP-Ad-hoc: RWE Aktiengesellschaft / Key word(s): Preliminary Results
RWE Aktiengesellschaft: Preliminary earnings for fiscal 2021 exceed outlook

26-Jan-2022 / 15:26 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Essen, 26 January 2022
RWE's operational performance in the fourth quarter of fiscal 2021 exceeds expectations. In particular, the Hydro/Biomass/Gas segment as well as Supply & Trading performed far better towards year end than assumed. Overall, this resulted in an outperformance of the outlook for fiscal 2021, based on preliminary figures from the ongoing year-end closing process.

The following stated figures for fiscal 2021 are preliminary and unaudited:
  • Adjusted EBITDA of the RWE Group: €3,650 million (outlook: €3,000 to €3.400 million)
  • Adjusted EBITDA of the core business €2,761 million (outlook: €2,150 to 2,550 million)
  • Adjusted EBIT €2,185 million (outlook: €1,500  to €1,900 million)
  • Adjusted net income €1,569 million (outlook: €1,050 to 1,400 million)
  • Net debt: expected to be as of 31 December 2021 significantly below the level at end of September 2021, which was at €2.9 billion

Full results will be presented as planned on 15 March 2022. The dividend target remains at €0.90 per share for fiscal 2021.


Disclosed by Dr Ulrich Rust
General Counsel

26-Jan-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: RWE Aktiengesellschaft
RWE Platz 1
45141 Essen
Germany
Phone: +49 (0)201-5179 0
Fax: +49 (0)201-5179 5005
E-mail: [email protected]
Internet: www.rwe.com
ISIN: DE0007037129, Weitere ISINs von Fremdkapital- und Hybridanleihen sind unter http://www.rwe.com/web/cms/de/1775762/rwe/investor-relations/anleihen/finanzierungsinstrumente/rwe-anleihen-im-ueberblick/, aufgelistet.,
WKN: 703712, Weitere WKNs von Fremdkapital- und Hybridanleihen sind unter http://www.rwe.com/web/cms/de/1775762/rwe/investor-relations/anleihen/finanzierungsinstrumente/rwe-anleihen-im-ueberblick/ aufgelistet.
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange
EQS News ID: 1273208

 
End of Announcement DGAP News Service

1273208  26-Jan-2022 CET/CEST

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EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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