RWE AG (OTCPK:RWEOY)

$ 31.42 -0.26 (-0.82%) Market Cap: 23.56 Bil Enterprise Value: 26.60 Bil PE Ratio: 7.70 PB Ratio: 0.68 GF Score: 73/100

Full Year 2023 RWE AG Earnings Call Transcript

Mar 14, 2024 / 12:00PM GMT

Release Date Price: $33.46 (-3.71%)

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 fiscal year 2023. I will now hand you over to Thomas Denny. Please go ahead, sir.

Thomas Denny

RWE Aktiengesellschaft - Head of IR

Thank you, (inaudible). Good afternoon, ladies and gentlemen. Thank you for joining RWE's Conference Call on Full Year 2023. As always, 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 hand over to you, Mark.

Markus Krebber

RWE Aktiengesellschaft - Chairman of the Executive Board & CEO

Yes. Thank you, Thomas, and also from my side, a warm welcome to everyone. 2023 was a remarkable year. We have delivered a strong operating performance. We have significantly exceeded our financial targets. We have added 6.3 gigawatts of green capacity to our portfolio, and we have cut CO2 emissions by remarkable 27%.

Since December '23,

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