Business development January to June 2017
In the first half of 2017, EnBW Energie Baden-Württemberg AG and its 21,324 employees (+4.5 percent) achieved revenue of around 10.48 billion euro (+6.8 percent) and an operating result (adjusted EBITDA) of around 1.07 billion euro. This represents an increase of 10.9 percent compared to the previous year. The significant increase in earnings is due in part to temporary effects that will be compensated for during the remainder of the year. EnBW is thus reaffirming its forecast for the year as a whole and expects an operating result of between 0 and +5 percent above the previous year. The full consolidation of VNG-Verbundnetz Gas Aktiengesellschaft on 18 May has had a positive impact on the revenue, sales, operating result and number of employees.