Trending: RWE to Increase Dividend After Guidance-Beating Results
March 21 2023 - 9:17AM
Dow Jones News
1347 GMT- RWE is among the most mentioned companies across news
items over the past 12 hours, according to Factiva data, after the
German energy company posted higher net profit for 2022, which
analysts said beat expectations, and said it would raise its
dividend. The company posted an adjusted net income of EUR3.23
billion in 2022, compared with EUR1.55 billion in the prior year.
Adjusted Ebitda increased to EUR6.31 billion from EUR3.65 billion,
while adjusted EBIT came in at EUR4.57 billion. The company said
that it expects most metrics to be below 2022 levels in 2023, but
nonetheless it aims to increase its dividend for the year ahead.
Dow Jones & Co. owns Factiva. ( cecilia.butini@wsj.com)
(END) Dow Jones Newswires
March 21, 2023 10:02 ET (14:02 GMT)
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