RWE raises outlook for fiscal 2022

Current market environment provides further momentum, leading to an upgraded earnings forecast for fiscal 2022
Adjusted EBITDA for the RWE Group now expected to be between €3.6 billion and €4.0 billion, and the forecast for adjusted net income is between €1.3 billion and €1.7 billion

Essen, 17 February 2022

A man is wearing a suit with a striped tie and stands in front of a blurred background, portrait of Dr Michael Müller.

“With our diverse portfolio, both from a technological and geographical point of view, RWE is a reliable generator of electricity. In a dynamic market environment, we are able to secure higher generation margins. On the back of this, we are now pleased to raise our forecast for the RWE Group for fiscal 2022. This puts us in an even stronger position to deliver our Growing Green strategy.”

Michael Müller, CFO of RWE AG

RWE is set to continue its positive earnings development in 2022. Driven by a dynamic market environment, the Executive Board of RWE AG has adjusted its overall earnings forecast for the full year 2022.

The RWE Group’s adjusted EBITDA (earnings before interest, taxes, depreciation and amortisation) for 2022 is now expected to be between €3.6 billion and €4.0 billion. Adjusted EBITDA in the core business is anticipated to be between €2.9 billion and €3.3 billion. Adjusted EBIT is expected to range from €2.0 billion to €2.4 billion, with adjusted net income at €1.3 billion to €1.7 billion. The dividend target is €0.90 per share for fiscal 2022, as indicated at the Capital Market Day back in November last year.

RWE will publish its Annual Report for the 2021 financial year on 15 March 2022.

Wichtige Kennzahlen im Überblick

Financial table showing adjusted EBITDA and net income forecasts for 2022 and actuals for 2021 across various sectors.

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Press release

Stephanie Schunck

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Vera Bücker

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