Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Xetra  >  RWE    RWE   DE0007037129

RWE (RWE)
Mes dernières consult.
Most popular
Report
Real-time Quote. Real-time Tradegate - 11/23 05:44:23 pm
19.671 EUR   -0.83%
11/22 European shares retreat on euro bounce; UK flat after budget
11/21 Enel doubles down on connected homes and electric cars
11/21 Enel doubles down on connected homes and electric cars
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

RWE AG : RWE to Invest Solely in Renewable Energy - Report

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/29/2013 | 06:42pm CET

German utility RWE AG (RWE.XE) is set to change its strategy and invest solely in renewable forms of power generation, newspaper Handelsblatt says in an article released ahead of publication Wednesday, citing an internal document.

RWE Chief Executive Peter Terium wants no further investments in fossil-fueled powered plants, according to the German daily. In 2020, conventional forms of power generation should contribute no more than one fifth of the operating result, according to Mr. Terium's plans, the article says. He also wants to develop new business models for decentralized power distribution, Handelsblatt reports.

An RWE spokeswoman declined to comment on the report.

Germany is phasing out nuclear power and replacing fossil fuels by renewable sources of energy like wind and solar power, a policy that raised prices for electricity.

Newspaper website: http://www.handelsblatt.com

-Write to the Frankfurt Bureau at [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on RWE
11/22 European shares retreat on euro bounce; UK flat after budget
11/21 Enel doubles down on connected homes and electric cars
11/21 Enel doubles down on connected homes and electric cars
11/20 RWE : remains right on track after the first three quarters of fiscal 2017
11/20 RWE rallies on hopes for Innogy deal, less stringent German climate policy
11/20DJRWE's Options to Exit Innogy Include Deal With Enel -Reuters
11/19 RWE's options to exit Innogy include deal with Enel - sources
11/17 RWE : Notification of the execution of the share buyback – tranche 2
11/17 RWE AKTIENGESELLSCHAFT : Release of a capital market information
11/15 Innogy to exit British retail JV with SSE in long term - CEO
More news
News from SeekingAlpha
11/14 RWE AG (RWEOY) Q3 2017 Results - Earnings Call Transcript
11/14 RWE AG reports Q3 results
08/14 RWE AG (RWEOY) Q2 2017 Results - Earnings Call Transcript
08/14 RWE AG reports 1H results
06/07 German utilities anticipate big windfall after nuclear tax ruling
Financials (€)
Sales 2017 45 670 M
EBIT 2017 3 541 M
Net income 2017 2 719 M
Debt 2017 9 483 M
Yield 2017 7,56%
P/E ratio 2017 4,77
P/E ratio 2018 12,58
EV / Sales 2017 0,47x
EV / Sales 2018 0,48x
Capitalization 12 009 M
Chart RWE
Duration : Period :
RWE Technical Analysis Chart | RWE | DE0007037129 | 4-Traders
Technical analysis trends RWE
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 27
Average target price 22,7 €
Spread / Average Target 15%
EPS Revisions
Managers
NameTitle
Rolf Martin Schmitz Chief Executive Officer
Werner Brandt Chairman-Supervisory Board
Markus Krebber Chief Financial Officer
Frank-Detlef Drake VP, Head-Corporate Research & Development
Frank Bsirske Deputy Chairman-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
RWE67.88%14 209
ENGIE18.98%41 550
NATIONAL GRID PLC-6.34%39 968
ELECTRICITÉ DE FRANCE14.36%35 068
SEMPRA ENERGY17.91%29 793
E.ON45.52%25 392