RWE posts 9-month core earnings above expectations on favourable conditions

Résumé détaillé

RWE, Germany's biggest power producer, posted adjusted core earnings for the first nine months of the year that beat expectations on Wednesday, on more favourable wind conditions.…

Nov 11 (Reuters) - RWE, Germany's biggest power producer, posted adjusted core earnings for the first nine months of the year that beat expectations on Wednesday, on more favourable wind conditions.

It reported adjusted core earnings of €4.58 billion ($5.11 billion), compared with analyst expectations of €4.43 billion, according to a company-provided poll.

• The company also confirmed full-year guidance, as it expects adjusted earnings before interests, taxes, depreciation and amortization of €5.75-6.35 billion

• It added earnings were expected to be towards the upper end of the forecast range

• The company earlier on Wednesday announced the closing of the deal regarding a new 2.8 gigawatts offshore wind farms project in the United Kingdom, jointly developed with investment firm KKR

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