Net profit of the German RWE decreased in 2018 5.7 times


The net profit of the German energy company RWE in 2018 decreased 5.7 times to 335 million euros. During the earnings period, the adjusted EBITDA fell by 28.4%, amounting to 1 billion 540 million euros. Revenue at the end of the year was at the level of 13 billion 530 million euros, which is 2.7% less than the previous year. Last year, the company generated energy in the amount of 176 billion kilowatt-hours. This figure was 12.1% less than the volume produced a year earlier. According to RWE estimates, its net profit for the current year will show a slight increase compared to the figure for 2018, and the adjusted profit will be between 1 billion 400 million euros and 1 billion 700 million euros.

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