Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Enbw Energie Baden Wuerttemberg AG    EBK   DE0005220008

ENBW ENERGIE BADEN WUERTTEMBERG AG

(EBK)
  Report  
SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Enbw Energie Baden Wuerttemberg : Backs 2019 View After Sharp 1Q Profit Rise

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/10/2019 | 03:15am EDT

By Max Bernhard

EnBW Energie Baden-Wuerttemberg AG (EBK.XE) on Friday backed its 2019 guidance after reporting a sharp rise in first-quarter profit.

Net profit at the German energy company nearly doubled to 273.8 million euros ($306.8 million) from EUR137.5 million a year earlier, the company said. "The doubling in net profit is largely attributable to an improvement in the financial result. This reflects a higher valuation of securities portfolios as of the reporting date," the company said.

External revenue increased to EUR6.67 billion from EUR5.93 billion.

Adjusted earnings before interest, taxes, depreciation and amortization, a metric that strips out one-off effects, fell 8.3% to EUR375.9 million.

The company confirmed its earnings guidance for 2019, continuing to expect adjusted Ebitda to rise between 9% and 16% to a range of EUR2.35 billion to EUR2.50 billion.

Chief Financial Officer Thomas Kusterer said EnBW aims to sustain and accelerate the positive earnings trend. "In Renewable Energies most of all, we expect substantially higher earnings in 2019 than in the previous year, not least as we gradually bring our Hohe See and Albatros offshore wind farms into operation this autumn," he added.

Write to Max Bernhard at max.bernhard@dowjones.com; @mxbernhard

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ENBW ENERGIE BADEN WUERTTE
06/12ENBW ENERGIE BADEN WUERTTEMBERG : opens 360MW Obervermunt II pumped storage plan..
AQ
06/08ENBW ENERGIE BADEN WUERTTEMBERG : pumps up Austrian hydro
AQ
05/17ENBW ENERGIE BADEN WUERTTEMBERG : Green Wind helps Albatros take flight
AQ
05/10ENBW ENERGIE BADEN WUERTTEMBERG : Backs 2019 View After Sharp 1Q Profit Rise
DJ
05/09ENBW ENERGIE BADEN WUERTTEMBERG : chief hails progress at Hohe See, Albatros
AQ
05/09ENBW ENERGIE BADEN WUERTTEMBERG AG : Ex-dividend day for final dividend
FA
05/07ENBW ENERGIE BADEN WUERTTEMBERG AG : quaterly earnings release
03/28ENBW ENERGIE BADEN WUERTTEMBERG : Germany's EnBW to spend $13.5 billion in netwo..
RE
03/28ENBW ENERGIE BADEN WUERTTEMBERG : Sets Upbeat 2019 Guidance After 2018 Profit Fe..
DJ
03/27ENBW ENERGIE BADEN WUERTTEMBERG : expects construction of new gas power plants i..
AQ
More news
Financials (EUR)
Sales 2017 -
EBIT 2017 -
Net income 2017 -
Debt 2017 -
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018 -
Capi. / Sales2017 -
Capi. / Sales2018 -
Capitalization 8 180 M
Chart ENBW ENERGIE BADEN WUERTTEMBERG AG
Duration : Period :
Enbw Energie Baden Wuerttemberg AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ENBW ENERGIE BADEN WUERTTE
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
 
Mean consensus -
Number of Analysts
Average target price
Last Close Price 30,20  €
Spread / Highest target -
Spread / Average Target -
Spread / Lowest Target -
EPS Revisions
Managers
NameTitle
Frank Mastiaux Chief Executive Officer
Lutz Peter Feldmann Chairman-Supervisory Board
Thomas Andreas Kusterer Chief Financial Officer
Hans-Josef Zimmer Chief Technical Officer
Dietrich Herd Deputy Chairman-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
ENBW ENERGIE BADEN WUERTTEMBERG AG4.11%9 178
ORSTED AS43.86%40 046
SEMPRA ENERGY30.48%38 428
ELECTRICITÉ DE FRANCE-19.93%37 783
ENGIE9.78%37 205
NATIONAL GRID PLC9.24%35 612