Date: 2 weeks ago   Category: Energy

Net profit German RWE in 2018 decreased almost by 6 times — Rambler News Service


The net profit of the German energy company RWE in 2018 was €335 million that is 5.7 times less than an indicator of 2017 (€1.9 billion), it is told in the report of the company. The revenue of RWE following the results of 2018 decreased by 3% — to €13.529 billion. Profit before taxation was €49 million against €2.056 billion following the results of 2017 (decrease by 42 times). The net debt of the company as of December 31 made €19.339 billion. As of December 31, 2017 the net debt made €20.227 billion. Thus, following the results of last year the net debt of RWE was reduced for 4.4%.

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