RWE AG (OTCPK:RWEOY)

$ 31.67 -0.01 (-0.03%) Market Cap: 23.56 Bil Enterprise Value: 26.60 Bil PE Ratio: 7.70 PB Ratio: 0.68 GF Score: 73/100

Half Year 2023 RWE AG Earnings Call Transcript

Aug 10, 2023 / 11:00AM GMT

Release Date Price: $42.42 (-1.18%)

Transcript

Operator

Welcome to the RWE Conference Call. Markus Krebber, CEO of RWE AG; and Michael Muller, CFO of RWE AG, will inform you about the developments in the first half of fiscal 2023.

I will now hand over to Thomas Denny.

Thomas Denny

RWE Aktiengesellschaft - Head of IR

Thank you, Elisa. Good afternoon, ladies and gentlemen. Thank you for joining RWE's conference call on the first half of 2023. Our CEO, Markus Krebber; and our CFO, Michael Muller, will guide you through our presentation, after which we'll start our Q&A session.

And with this, I'll hand over to you, Markus.

Markus Krebber

RWE Aktiengesellschaft - Chairman of the Executive Board & CEO

Yes. Thank you, Thomas, and also a warm welcome to everyone from my side. We have continued with our strong performance also in 2023. Our earnings in the first 6 months developed well across all core segments, especially driven by strong contributions from the Hydro/Biomass/Gas segment and from Supply & Trading. Given the strong H1 results, we

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