RWE AG

Earnings Release • Apr 27, 2023

News Details

Ad-hoc | 27 April 2023 08:58

RWE Aktiengesellschaft: RWE expected to close first quarter of 2023 with adjusted EBITDA of €2.8 billion

RWE Aktiengesellschaft / Key word(s): Quarterly / Interim Statement/Preliminary Results

RWE Aktiengesellschaft: RWE expected to close first quarter of 2023 with adjusted EBITDA of €2.8 billion

27-Apr-2023 / 08:58 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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Essen, 27 April 2023

Based on preliminary figures, RWE is expected to close the first quarter of 2023 with adjusted EBITDA at Group level of €2.8 billion, significantly higher than in the prior-year period. This is primarily due to higher earnings from international power generation in the Hydro/Biomass/Gas segment compared with the first quarter of 2022.

The following figures for the first quarter of 2023 are preliminary:

• Adjusted EBITDA of the RWE Group: € 2.798 million
• Adjusted EBITDA of the core business € 2.302  million
• Adjusted EBIT € 2.303 million
• Adjusted net income € 1.671 million

Definition of the key earnings indicators are provided in the Annual Report 2022 on p. 26.

The forecast issued for fiscal year 2023 is confirmed.

Full Results for the first quarter of 2023 will be presented as planned on 11 May 2023.

Disclosed by Dr Ulrich Rust

General Counsel

End of Inside Information

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27-Apr-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	RWE Aktiengesellschaft
	RWE Platz 1
	45141 Essen
	Germany
Phone:	+49 (0)201-5179 0
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E-mail:	invest@rwe.com
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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:	1618501

End of Announcement	EQS News Service