RWE’s German carve-up looks better than E.ON’s gfhay
RWE on March 14 reported adjusted 2018 EBITDA of 1.5 billion euros, compared to 2.1 billion euros in 2017, and against prior company guidance of 1.4 billion euros to 1.7 billion euros.E.ON on March 13 reported adjusted 2018 operating profit of 2.
98 billion euros, down 3 percent year-on-year and just above analysts’ consensus of 2.92 billion euros.Innogy on March 13 announced adjusted operating profit of 2.63 billion euros, down 7 percent year-on-year and marginally below analysts’ consensus of 2.67 billion euros.Innogy’s British arm, npower, could be wound down, sold or merged with the local business of E.ON, its finance chief said on March 13.
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