RWE AG

Earnings Release • Jan 25, 2023

News Details

Ad-hoc | 25 January 2023 16:07

RWE Aktiengesellschaft: Preliminary earnings for fiscal 2022 exceed outlook

RWE Aktiengesellschaft / Key word(s): Preliminary Results

RWE Aktiengesellschaft: Preliminary earnings for fiscal 2022 exceed outlook

25-Jan-2023 / 16:07 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, 25 January 2023

RWE’s good earning trend continues: In the fourth quarter of fiscal 2022, RWE’s operational performance 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 2022, based on preliminary figures from the ongoing year-end closing process.

The following stated figures for fiscal 2022 are preliminary and unaudited:

• Adjusted EBITDA of the RWE Group: € 6,310 million (outlook: €5,000 to €5,5000 million)
• Adjusted EBITDA of the core business € 5,559million (outlook: €4,300 to 4,800 million)
• Adjusted EBIT € 4,567 million (outlook: €3,400  to €3,900 million)
• Adjusted net income € 3,228 million (outlook: €2,100 to 2,600 million)

Full results will be presented as planned on 21 March 2023.

The dividend target remains at €0.90 per share for fiscal 2022.

Disclosed by Dr Ulrich Rust

General Counsel

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25-Jan-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
Fax:	+49 (0)201-5179 5005
E-mail:	invest@rwe.com
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:	1543683

End of Announcement	EQS News Service