Earnings up at German energy giant RWE in first quarter

WorldBusiness & Finance
13 May 2026 • 10:19 PM MYT
DPA International
DPA International

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Image from: Earnings up at German energy giant RWE in first quarter
The RWE AG logo can be seen on the campus before the energy company's annual press conference. (zu dpa: «Earnings up at German energy giant RWE in first quarter») Rolf Vennenbernd/dpa

German energy giant RWE has started the year with a significant rise in earnings, the Essen-based company said on Wednesday.

Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) rose to €1.6 billion ($1.9 billion) in the first quarter of the year from €1.3 billion in the same period of 2025.

Adjusted net income rose from €0.5 billion to €0.6 billion, with adjusted earnings per share up from €0.68 to €0.85.

"After a strong start to the year, we confirm our earnings guidance," said chief financial officer Michael Müller. Adjusted EBITDA is expected between €5.2 billion and €5.8 billion while adjusted net income is forecast between €1.55 billion and €2.05 billion over the full year.

RWE has commissioned new wind turbines, solar parks and battery storage facilities in recent months, including in the United Kingdom and Denmark.