Trade as well as nuclear and coal power ensure RWE’s profit increase

Good business in energy trading and in power generation from lignite and nuclear energy brought the energy group RWE higher profits in the first three quarters. Despite a weather-related loss of 400 million euros in the spring in Texas, the company was able to post a net profit of over one billion euros by the end of September – 30 percent more than in the same period of the previous year. RWE confirmed its forecasts for the full year 2021. Accordingly, the adjusted net profit should be between 1.05 and 1.4 billion euros. A dividend of 90 cents per RWE share will continue to be targeted, said …

Reference-www.zfk.de

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