RWE left its guidance unchanged in pointing to a falling operating profit this year after the German utility confirmed a strong rise in earnings last year.
The company still sees adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) to come in between €5.2bn ($5.7bn) and €5.8bn in 2024 despite a significant drop in power prices since the outlook was given during RWE’s capital market day in November.
