RWE AG (STU:RWE)

€ 34.52 0.76 (2.25%) Market Cap: 25.66 Bil Enterprise Value: 22.77 Bil PE Ratio: 17.69 PB Ratio: 0.81 GF Score: 74/100

Half Year 2022 RWE AG Earnings Interview with CFO Transcript

Aug 11, 2022 / NTS GMT

Release Date Price: €42.16 (-1.10%)

Transcript

Thomas Denny

RWE Aktiengesellschaft - Head of IR

And good afternoon, ladies and gentlemen. Thank you for joining the RWE Investor and Analyst Conference call. We are well aware that it's quite a busy day for you. Therefore, we'll keep it short and give you enough time for Q&A later. With me as set is our CEO, Markus Krebber; and our CFO, Michael Muller, for the report on the first 6 months of the year.

Now without further delay, over to you, Mark.

Markus Krebber

RWE Aktiengesellschaft - Chairman of the Executive Board & CEO

Yes. Thank you, Thomas, and good morning, good afternoon to all of you, and it's good talking to you again after our summer break. RWE has delivered a very good performance in the first half of this year while navigating the European energy crisis. Due to the strong operational performance of all our core business segments, our core EBITDA stood at EUR 2.4 billion at the end of June, and group EBITDA was EUR 2.9 billion.

We demonstrated the robustness of our business model and eliminated our financial exposure to

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