RWE AG

Earnings Release • Jan 26, 2024

News Details

Ad-hoc | 26 January 2024 12:28

RWE Aktiengesellschaft: Preliminary earnings for fiscal 2023 exceed outlook

RWE Aktiengesellschaft / Key word(s): Preliminary Results

RWE Aktiengesellschaft: Preliminary earnings for fiscal 2023 exceed outlook

26-Jan-2024 / 12:28 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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Based on preliminary figures, RWE will exceed its outlook for fiscal 2023. In particular, the Hydro/Biomass/Gas segment as well as Supply & Trading performed in the fourth quarter of fiscal 2023 better than expected.

The following stated figures for fiscal 2023 are preliminary and unaudited:

• Adjusted EBITDA of the RWE Group: € 8,378 million (outlook: €7,100 to €7,7000 million)
• Adjusted EBITDA of the core business: € 7,673 million (outlook: €6,300 to €6,900 million)
• Adjusted EBIT € 6,349 million (outlook: €5,000 to 5,600 million)
• Adjusted net income € 4,536 million (outlook: €3,300  to €3,800 million)

(Definitions of the key earnings indicators are provided in the Annual Report 2022 on page 26.)

Full results will be presented as planned on 14 March 2024.

The dividend target remains at 1.00 € per share for fiscal 2023.

Disclosed by

Dr Ulrich Rust

General Counsel

End of Inside Information

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26-Jan-2024 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:	1824149

End of Announcement	EQS News Service