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    RWE   DE0007037129

RWE AG

(RWE)
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RWE : receives award for “Corporate Brand of the Year”

06/10/2021 | 07:24am EDT

RWE has won the highest accolade at the German Brand Award 2021. The company's brand identity won the 'Best of Best' award in the category 'Corporate Brand of the Year'. In addition, RWE won gold as an 'Excellent Brand' in the area of best products and corporate brands. This is in recognition of the ambitious and creative way RWE presents its brand, spotlighting its transformation into one of the globally leading providers of renewable energies and storage facilities, with an additional focus on the future market of hydrogen. At the same time, RWE is rigorously and responsibly exiting from coal and nuclear energy. At the core of how the company presents itself to the public is its purpose statement 'Our energy for a sustainable life', billions invested in renewable energies and storage facilities, as well as a clearly defined target of becoming carbon-neutral by 2040.

Frank Arens, Head of Public Relations, is delighted: 'This award is also a recognition of the work of our creative agency Scholz & Friends as well as that of our employees, who strive daily to transform our company. This kind of award motivates everyone and is proof of the visibility of our efforts.'

The German Brand Award is considered one of the most important brand awards in the country. It was granted for the sixth time by the German Design Council and the German Brand Institute. It recognises companies that stand out from the competition with exemplary brand management, sustainable campaigns and unusual marketing projects.

German Design Council

The German Design Council is one of the world's leading centres of competence for communications and knowledge transfer in the area of design, brands and innovation. It currently counts over 350 companies among its members. The German Design Council was founded in 1953 on the initiative of the German Parliament with the aim of strengthening the design competence of German industry. Its many activities pursue one goal: To communicate the lasting increase in brand value that is created by the strategic use of design and innovation.

Disclaimer

RWE AG published this content on 10 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 June 2021 11:23:02 UTC.


© Publicnow 2021
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Financials
Sales 2021 14 776 M 17 446 M 17 446 M
Net income 2021 1 039 M 1 227 M 1 227 M
Net Debt 2021 2 281 M 2 693 M 2 693 M
P/E ratio 2021 17,7x
Yield 2021 3,01%
Capitalization 20 212 M 23 917 M 23 865 M
EV / Sales 2021 1,52x
EV / Sales 2022 1,53x
Nbr of Employees 19 244
Free-Float 92,0%
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Mean consensus BUY
Number of Analysts 24
Last Close Price 29,89 €
Average target price 40,72 €
Spread / Average Target 36,2%
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Managers and Directors
Markus Krebber Chief Executive Officer
Michael Müller Chief Financial Officer
Werner Brandt Chairman-Supervisory Board
Frank Bsirske Deputy Chairman-Supervisory Board
Dagmar Mühlenfeld Member-Supervisory Board
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