Adjusted profit of RWE increased 3.5 times in the first quarter


One of the leading energy companies in Europe, German RWE, completed the first quarter of 2019 with an increase in adjusted earnings 3.5 times compared to the same period a year earlier. Its quarterly figure was 273 million euros. Adjusted EBITDA of 510 million euros also significantly surpassed the previous year. The quarterly results of the sales division, which increased the adjusted EBITDA to 255 million euros from 24 million euros a year earlier, contributed to the growth of indicators. Thanks to good quarterly results, the company maintained its forecasts for adjusted EBITDA and earnings unchanged. Since the beginning of the year, RWE's capitalization has increased by 23% to 13.6 billion euros.

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