RWE AG (XTER:RWE)

€ 34.42 -0.32 (-0.92%) Market Cap: 25.60 Bil Enterprise Value: 22.71 Bil PE Ratio: 14.47 PB Ratio: 0.79 GF Score: 73/100

Q3 2019 RWE AG Earnings Call Transcript

Nov 14, 2019 / 11:00AM GMT

Release Date Price: €25.79 (-2.46%)

Transcript

Gunhild Grieve

RWE Aktiengesellschaft - Head of IR

Okay. Thank you very much, and sorry from our side as well. Hello to everyone on the phone and to those who are joining us via webcast. I'm joined here by Markus Krebber for the presentation on the first 9 months of 2019.

We already announced the required reporting changes after closing one of our asset swaps with E.ON. Since E.ON's renewables business only contributes to the IFRS figures from 18th September onwards, we will concentrate on RWE stand-alone until year-end when it comes to income statement and cash flow.

However, with regards to net debt, we already reported the combined figures for the new group. We also provided you with details on the pro forma EBITDA for the new renewables business as it will be reported from next year onwards. Furthermore, we have now also published the detailed generation data for renewables on a pro forma basis on our website.

Let me now hand over to Markus.

Markus Krebber

RWE Aktiengesellschaft - CFO & Member of the Executive Board

Yes.

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