RWE AG (OTCPK:RWEOY)

$ 32.485 -0.815 (-2.45%) Market Cap: 24.16 Bil Enterprise Value: 27.28 Bil PE Ratio: 7.90 PB Ratio: 0.69 GF Score: 74/100

Q1 2019 RWE AG Earnings Call Transcript

May 15, 2019 / 10:00AM GMT

Release Date Price: $26.1 (+2.47%)

Transcript

Operator

Welcome to the RWE Conference Call. Markus Krebber, CFO of RWE AG will inform you about the developments in the first quarter of fiscal 2019. (Operator Instructions) I will now hand over to Gunhild Grieve.

Gunhild Grieve

RWE Aktiengesellschaft - Head of IR

Thank you very much. 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 quarter of fiscal year 2019. As with our previous presentations, we will concentrate on RWE standalone. In order focus on your questions, we've kept it short. So let's hand over straight to Markus.

Markus Krebber

RWE Aktiengesellschaft - CFO & Member of the Executive Board

Yes, thank you, Gunhild, and welcome, everyone. It has been a good start into fiscal year 2019 for RWE. On the back of an outstanding performance by Supply & Trading as well as solid earnings from Lignite & Nuclear, it has been a good first quarter. Even so, the European Power division had a weak start into fiscal year

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