Adjusted earnings before interest, taxes, depreciation and amortization came in at 1.3 billion euros in the first quarter, a 19% increase from the same period last year, with the firm also confirming its earnings forecast for 2020.
"Of course, we see muted power demand but usually our positions are hedged very well in advance and that is why we have seen, so far, very limited impact." "We have to ensure security of supply, so the health and safety of our workforce is of top priority and we have taken very early pre-emptive measures to ensure that our people stay safe and that we are able, in all conditions, to provide power," he said.last year in a deal valued at more than 40 billion euros. At the time, RWE explained that, going forward, its focus would primarily be on electricity generation "based on renewables.
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