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RWE AG (RWEG.DE)

RWEG.DE on Xetra

13.45EUR
11:34am EST
Change (% chg)

€0.23 (+1.78%)
Prev Close
€13.22
Open
€13.29
Day's High
€13.46
Day's Low
€13.27
Volume
3,319,793
Avg. Vol
4,637,378
52-wk High
€16.49
52-wk Low
€9.98

Latest Key Developments (Source: Significant Developments)

RWE AG - UK watchdog extends energy market probe to June 2016 - Reuters
Sunday, 20 Sep 2015 08:00pm EDT 

RWE AG:Britain's competition authority has extended the deadline for its investigation into the country's largest energy suppliers by six months to late June 2016 to consider feedback from industry and consumer groups, it said on Monday - Reuters.Six suppliers -- SSE , Scottish Power, Centrica, RWE npower, E.ON and EDF Energy -- control more than 90 percent of the market and are under intense scrutiny because of public outrage over rising energy bills - Reuters.The Competition and Markets Authority (CMA) said it would aim to deliver the findings "well within" the new timeframe, with a provisional decision by January and a final decision by the end of April - Reuters.An interim update to the probe, published in February, showed most British energy customers who have not switched supplier and/or tariff have missed out on saving up to 234 pounds ($360) a year - Reuters.  Full Article

RWE confirms earnings forecast for FY 2015
Thursday, 13 Aug 2015 01:00am EDT 

RWE AG:Confirms earnings forecast for FY 2015.For FY 2015 still anticipates EBITDA of between 6.1 billion euros and 6.4 billion euros and an operating result of between 3.6 billion euros and 3.9 billion euros, with adjusted net income likely to be in the range of 1.1 billion euros to 1.3 billion euros.FY 2015 EBITDA estimate 6.22 billion euros - Thomson Reuters I/B/E/S.FY 2015 EBIT estimate 3.7 billion euros - Thomson Reuters I/B/E/S.FY 2015 net income estimate 1.3 billion euros - Thomson Reuters I/B/E/S.  Full Article

RWE AG trims units, expands management in overhaul
Monday, 10 Aug 2015 09:05am EDT 

RWE AG:Supervisory board approves reorganisation of RWE.Will no longer exist as holding and will be changed into operating company.To transform management holding into operating company and to merge most of German RWE companies within it.Changes will be implemented by Jan. 1, 2017.Within new RWE AG, in particular supply and networks business will be integrated.  Full Article

RWE AG gives FY 2015 outlook in line with analysts' estimates
Monday, 9 Mar 2015 08:00pm EDT 

RWE AG:For FY 2015, expects a further decline in earnings, despite its continuing efficiency improvements and the effects of its growth measures.To achieve FY 2015 EBITDA of between 6.1 billion euros and 6.4 billion euros and an operating result of between 3.6 billion euros and 3.9 billion euros, with recurrent net income likely to be in the range of 1.1 billion euros to 1.3 billion euros.FY 2015 EBITDA estimate 6.27 billion euros - Thomson Reuters I/B/E/S.FY 2015 EBIT estimate 3.7 billion euros - Thomson Reuters I/B/E/S.FY 2015 net income estimate 1.22 billion euros - Thomson Reuters I/B/E/S.  Full Article

RWE to pay dividend of 1.00 euro per share - Reuters
Tuesday, 3 Mar 2015 01:39am EST 

RWE AG:To pay stable dividend of 1.00 euro per share - Reuters.  Full Article

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