RWE confirms earnings forecast, hails 'good start' to the year despite the coronavirus

  • 📰 CNBC
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Plans are in place to invest billions in renewables.

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.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

UK government sets out plans to re-start housing marketBuyers and renters in England will be able to move house again from Wednesday under plans set out by the government to re-start a housing market all but frozen by restrictions put in place to slow the spread of COVID-19. Stupid idea Westminster are creating a second wave of herd immunity
Fonte: Reuters - 🏆 2. / 97 Consulte Mais informação »