RWE AG (MIL:1RWE)

€ 33.19 -0.47 (-1.4%) Market Cap: 24.67 Bil Enterprise Value: 21.77 Bil PE Ratio: 13.93 PB Ratio: 0.77 GF Score: 71/100

Q2 2020 RWE AG Earnings Call Transcript

Aug 13, 2020 / 11:00AM GMT

Release Date Price: €34.1 (+2.10%)

Transcript

Operator

Welcome to the RWE conference call. Markus Krebber, CFO of RWE AG, will inform you about the developments in the first half of fiscal 2020. I will now hand over to Thomas Denny.

Thomas Denny

RWE Aktiengesellschaft - Head of IR

Thank you, Anika. Good afternoon, ladies and gentlemen, and thank you for joining us today to discuss RWE's result for the first 6 months of the year. I'm joined by our CFO, Markus Krebber, who will run through the presentation before we move on to Q&A later in the call.

As in Q1 this year, in order to compare like-for-like, our presentation focuses on the pro forma figures in comparison to 2019, meaning that assets taken over from E.ON in the third quarter last year are included for adjusted EBITDA and EBIT for the full year 2019.

And with this, let me hand over to Markus for the update on H1 2020.

Markus Krebber

RWE Aktiengesellschaft - CFO & Member of the Executive Board

Yes. Thank you, Thomas, and a warm welcome to everyone on the phone. It's good to speak to

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