Wind power stations of German utility RWE, one of Europe's biggest electricity companies are pictured in front of RWE's brown coal fired power plants of Neurath as farmers fertilise their fields near Jackerath, north-west of Cologne, Germany, March 18, 2022. REUTERS/Wolfgang Rattay, Germany's biggest utility, pledged a higher dividend and more investments on Tuesday to expand its core renewables business, boosting its shares in pre-market trade.
"RWE is one of the international drivers of the energy transition. We now hold a leading position in all our core regions – in the EU, the UK and the U.S.," Chief Executive Officer Markus Krebber said. According to the Vara poll provided by the company, analysts expect adjusted EBIT of 3.8 billion euros.