RWE AG ( (RWEOY) ) has released its Q4 earnings. Here is a breakdown of the information RWE AG presented to its investors.
RWE AG is a leading energy company focused on renewable energy, operating globally with a commitment to decarbonization and sustainability. In its 2024 fiscal year, RWE reported strong financial results, exceeding expectations with an adjusted EBITDA of €5.7 billion and a net income of €2.3 billion. The company also confirmed a dividend proposal of €1.10 per share. RWE invested €10 billion in expanding its renewable energy portfolio, commissioning new plants with a total capacity of around 2 gigawatts. The company’s renewable electricity production reached an all-time high, while CO2 emissions were reduced by 13%. Key financial metrics showed mixed results across segments, with the Onshore Wind/Solar segment seeing growth due to new projects and acquisitions, while the Flexible Generation and Supply & Trading segments experienced declines compared to the previous year. Despite these fluctuations, RWE maintains a solid financial position with a leverage factor well below its upper limit. Looking ahead, RWE plans to adjust its investment strategy due to increased uncertainties, focusing on projects with higher return requirements. The company remains committed to its long-term financial targets, including an increase in dividends and adjusted earnings per share by 2030.