Reporting 2017 - 2021
All information and publications from 2017 to 2021
Reporting Q2 2022
EnBW’s integrated portfolio approach across the entire energy value chain and our solid internal financing capability ensure stability. Against the backdrop of the Russia-Ukraine war, we are sticking to our strategic lineup and our climate targets.
Media conference call (German)
12 August 2022, 10:00 a.m. (CET)
Investor and analyst conference call
12 August 2022, 1:00 p.m. (CET)
Facts and figures Q2 2022
Adjusted EBITA
€ 0 m
Adjusted Group net profit
€ 0 m
Attributable to the shareholders of EnBW AG.
Retained Cashflow
€ 0 m
Net debt
€ 0 m
as of 30.06.2022
| Smart Infrastructure for Customers | System Critical Infrastructure | Sustainable Generation Infrastructure | |
| in € m | 115 | 588 | 852 |
Smart Infrastructure for Customers
↓ Increased procurement costs which will be partially passed on to customers as of 1/10/2022
System Critical Infrastructure
↓ Higher expenses for grid reserve and redispatch to maintain security of supply
Sustainable Generation Infrastructure
Renewable Energies
↑ Marketing above the fixed EEG tariff
↑ Expansion of solar parks
↑ Better wind yields
Thermal Generation and Trading
↓ Replacement procurement costs due to reduced gas supply
Performance indicators of the EnBW Group
|
in € million
|
01/01 -
30/06/2022 |
01/01 -
30/06/2021 |
Change in %
|
01/01 -
31/12/2021 |
|---|---|---|---|---|
|
in € million
External revenue
|
01/01 -
30/06/2022 27.119,5
|
01/01 -
30/06/2021 12.654,7
|
Change in %
114,3
|
01/01 -
31/12/2021 32,147.9
|
|
in € million
Adjusted EBITDA
|
01/01 -
30/06/2022 1.424,2
|
01/01 -
30/06/2021 1.479,4
|
Change in %
-3,7
|
01/01 -
31/12/2021 2.959,3
|
|
in € million
Share of adjusted EBITDA accounted for by Smart Infrastructure for Customers in € million/in %0The figures for the previous year have been restated.
|
01/01 -
30/06/2022 114,9 / 8,1
|
01/01 -
30/06/2021 223,0 / 15,1
|
Change in %
-48,5 / –
|
01/01 -
31/12/2021 344.0 / 11.6
|
|
in € million
Share of adjusted EBITDA accounted for by System Critical Infrastructure in € million/in %0The figures for the previous year have been restated.
|
01/01 -
30/06/2022 587,7 / 41,3
|
01/01 -
30/06/2021 645,7 / 43,6
|
Change in %
-9,0 / –
|
01/01 -
31/12/2021 1,263.0 / 42.7
|
|
in € million
Share of adjusted EBITDA accounted for by Sustainable Generation Infrastructure in € million/in %0The figures for the previous year have been restated.
|
01/01 -
30/06/2022 851,8 / 59,8
|
01/01 -
30/06/2021 727,6 / 49,2
|
Change in %
17,1 / –
|
01/01 -
31/12/2021 1,539,7 / 52.0
|
|
in € million
Share of adjusted EBITDA accounted for by Other/Consolidation in € million/in %
|
01/01 -
30/06/2022 -130,2 / -9,2
|
01/01 -
30/06/2021 -116,9 / -7,9
|
Change in %
-11,4 / –
|
01/01 -
31/12/2021 -187.4 / -6.3
|
|
in € million
EBITDA
|
01/01 -
30/06/2022 1.642,3
|
01/01 -
30/06/2021 1.167,2
|
Change in %
40,7
|
01/01 -
31/12/2021 2,803.5
|
|
in € million
Adjusted EBIT
|
01/01 -
30/06/2022 647,2
|
01/01 -
30/06/2021 731,7
|
Change in %
-11,5
|
01/01 -
31/12/2021 1,402.9
|
|
in € million
EBIT
|
01/01 -
30/06/2022 769,5
|
01/01 -
30/06/2021 -523,9
|
Change in %
–
|
01/01 -
31/12/2021 158.8
|
|
in € million
Adjusted Group net profit0In relation to the profit/loss attributable to the shareholders of EnBW AG.
|
01/01 -
30/06/2022 299,8
|
01/01 -
30/06/2021 594,3
|
Change in %
-49,6
|
01/01 -
31/12/2021 1,203.2
|
|
in € million
Group net profit/loss0In relation to the profit/loss attributable to the shareholders of EnBW AG.
|
01/01 -
30/06/2022 563,9
|
01/01 -
30/06/2021 -162,8
|
Change in %
–
|
01/01 -
31/12/2021 363.2
|
|
in € million
Earnings per share from Group net profit (€)0In relation to the profit/loss attributable to the shareholders of EnBW AG.
|
01/01 -
30/06/2022 2,08
|
01/01 -
30/06/2021 -0,60
|
Change in %
–
|
01/01 -
31/12/2021 1.34
|
|
in € million
Retained cash flow
|
01/01 -
30/06/2022 792,0
|
01/01 -
30/06/2021 835,7
|
Change in %
-5,2
|
01/01 -
31/12/2021 1,783.8
|
|
in € million
Net cash investment
|
01/01 -
30/06/2022 1.092,9
|
01/01 -
30/06/2021 860,6
|
Change in %
27,0
|
01/01 -
31/12/2021 2,471.2
|
|
€ million
|
30/06/2022
|
30/06/2021
|
Change in %
|
|---|---|---|---|
|
€ million
Net debt
|
30/06/2022
7.531,2
|
30/06/2021
8.786,1
|
Change in %
-14,3
|
|
Non-financial performance indicators0The values for the key performance indicators Reputation Index, People Engagement Index (PEI), “Installed output of renewable energies (RE) in GW and the share of the generation capacity accounted for by RE in %” and CO₂ intensity are exclusively collected at the end of the year.
|
01/01 – 30/06/2022
|
01/01 – 30/06/2021
|
Change in %
|
01/01– 31/12/2021
|
|---|---|---|---|---|
|
Non-financial performance indicators0The values for the key performance indicators Reputation Index, People Engagement Index (PEI), “Installed output of renewable energies (RE) in GW and the share of the generation capacity accounted for by RE in %” and CO₂ intensity are exclusively collected at the end of the year.
Customers and society goal dimension
| ||||
|
Non-financial performance indicators0The values for the key performance indicators Reputation Index, People Engagement Index (PEI), “Installed output of renewable energies (RE) in GW and the share of the generation capacity accounted for by RE in %” and CO₂ intensity are exclusively collected at the end of the year.
EnBW / Yello Customer Satisfaction Index
|
01/01 – 30/06/2022
139/166
|
01/01 – 30/06/2021
127/161
|
Change in %
9.4/3.1
|
01/01– 31/12/2021
127/159
|
|
Non-financial performance indicators0The values for the key performance indicators Reputation Index, People Engagement Index (PEI), “Installed output of renewable energies (RE) in GW and the share of the generation capacity accounted for by RE in %” and CO₂ intensity are exclusively collected at the end of the year.
SAIDI (electricity) in min. / year
|
01/01 – 30/06/2022
9
|
01/01 – 30/06/2021
8
|
Change in %
12.5
|
01/01– 31/12/2021
16
|
|
Non-financial performance indicators0The values for the key performance indicators Reputation Index, People Engagement Index (PEI), “Installed output of renewable energies (RE) in GW and the share of the generation capacity accounted for by RE in %” and CO₂ intensity are exclusively collected at the end of the year.
Employees goal dimension
| ||||
|
Non-financial performance indicators0The values for the key performance indicators Reputation Index, People Engagement Index (PEI), “Installed output of renewable energies (RE) in GW and the share of the generation capacity accounted for by RE in %” and CO₂ intensity are exclusively collected at the end of the year.
LTIF for companies controlled by the Group0Variations in the group of consolidated companies (all companies with more than 100 employees, excluding external agency workers and contractors, are considered). Companies that were fully consolidated for the first time during the 2022 financial year were not included in the calculations for the LTIF performance indicators.0Except for companies in the area of waste management./LTIF overall0Variations in the group of consolidated companies (all companies with more than 100 employees, excluding external agency workers and contractors, are considered). Companies that were fully consolidated for the first time during the 2022 financial year were not included in the calculations for the LTIF performance indicators.
|
01/01 – 30/06/2022
2.6/3.7
|
01/01 – 30/06/2021
1.7/2.5
|
Change in %
52.9/48.0
|
01/01– 31/12/2021
2.3/3.3
|
|
30/06/2022
|
30/06/2021
|
Change in %
|
31/12/2021
|
|
|---|---|---|---|---|
|
Employees0Number of employees excluding apprentices/trainees and inactive employees. 0The number of empolyees for the ITOs (ONTRAS Gastransport GmbH, terranets bw GmbH und TransnetBW GmbH) is only updated at the end of the year; for intervals of less than a year, the number of employees from 31/12/2021 is carried forward.
|
30/06/2022
26.312
|
30/06/2021
24.894
|
Change in %
5,7
|
31/12/2021
26,064
|
|
Employee equivalents0Converted into full-time equivalents.
|
30/06/2022
24.710
|
30/06/2021
23.369
|
Change in %
5,7
|
31/12/2021
24,519
|
EnBW reports stable earnings in first half of 2022 despite large swings in energy markets
- Integrated portfolio ensures robustness in highly volatile market environment
- Noticeable negative impacts at Sales and Grids
- Significant growth in Renewable Energies
- CFO Kusterer: “Sticking to our strategic direction”
Outlook 2022
|
Smart Infrastructure for Customers
|
€ 350 to 425 m
|
|
System Critical Infrastructure:
↓ Higher expenses for grid reserve and redispatch to maintain security of supply |
€ 1,225 to 1,325 m
|
|
Sustainable Generation Infrastructure:
↑Continuing high market price level |
€ 1,650 to 1,750 m
|
|
Total
|
€ 3,025 to 3,175 m
|
Reporting Q1 2022
Providing people with a secure supply of electricity and gas is one of EnBW’s central tasks. We are doing everything in our power to deliver on our special responsibility here by deploying our grid infrastructure and power plant portfolio. At the same time, we are working flat out to substitute purchases of Russian gas and coal while having due regard to sustainability and economic considerations and without endangering security of supply. We are making very good progress here and will cease purchasing Russian coal from as early as mid-August. Regarding gas, too, we are working hard towards a significant diversification of supply sources, above all by expanding our LNG activities.
Facts and figures Q1 2022
Adjusted EBITA
€ 0 m
Adjusted Group net profit
€ 0 m
Attributable to the shareholders of EnBW AG.
Retained Cashflow
€ 0 m
Net debt
€ 0 m
as of 31.03.2022
| Smart Infrastructure for Customers | System Critical Infrastructure | Sustainable Generation Infrastructure | |
| in € m | 103 | 353 | 821 |
Smart Infrastructure for Customers
↓ Increased procurement costs which will be partially passed on later
System Critical Infrastructure
↓ Higher expenses for grid reserve to maintain security of supply
Sustainable Generation Infrastructure
↑ Better wind yields
↑ Marketing above the fixed EEG tariff
↑ Temporary valuation effects
↑ Generation volume sold at significantly higher prices
Performance indicators of the EnBW Group
|
in € million
|
01/01 -
31/03/2022 |
01/01 -
31/03/2021 |
Change in %
|
01/01 -
31/12/2021 |
|---|---|---|---|---|
|
in € million
External revenue
|
01/01 -
31/03/2022 13,724.5
|
01/01 -
31/03/2021 6,827.2
|
Change in %
101.0
|
01/01 -
31/12/2021 32,147.9
|
|
in € million
Adjusted EBITDA
|
01/01 -
31/03/2022 1,185.0
|
01/01 -
31/03/2021 814.1
|
Change in %
45.6
|
01/01 -
31/12/2021 2,959.3
|
|
in € million
Share of adjusted EBITDA accounted for by Smart Infrastructure for Customers in € million/in %0The figures for the previous year have been restated.
|
01/01 -
31/03/2022 103.3 / 8.7
|
01/01 -
31/03/2021 123.6 / 15.2
|
Change in %
-16.4 / –
|
01/01 -
31/12/2021 344.0 / 11.6
|
|
in € million
Share of adjusted EBITDA accounted for by System Critical Infrastructure in € million/in %0The figures for the previous year have been restated.
|
01/01 -
31/03/2022 352.7 / 29.8
|
01/01 -
31/03/2021 370.5 / 45.5
|
Change in %
-4.8 / –
|
01/01 -
31/12/2021 1,263.0 / 42.7
|
|
in € million
Share of adjusted EBITDA accounted for by Sustainable Generation Infrastructure in € million/in %0The figures for the previous year have been restated.
|
01/01 -
31/03/2022 821.1 / 69.3
|
01/01 -
31/03/2021 373.9 / 45.9
|
Change in %
119.6 / –
|
01/01 -
31/12/2021 1,539,7 / 52.0
|
|
in € million
Share of adjusted EBITDA accounted for by Other/Consolidation in € million/in %
|
01/01 -
31/03/2022 -92.1 / -7.8
|
01/01 -
31/03/2021 -53.9 / -6.6
|
Change in %
-70.9 / –
|
01/01 -
31/12/2021 -187.4 / -6.3
|
|
in € million
EBITDA
|
01/01 -
31/03/2022 1,351.2
|
01/01 -
31/03/2021 810.3
|
Change in %
66.8
|
01/01 -
31/12/2021 2,803.5
|
|
in € million
Adjusted EBIT
|
01/01 -
31/03/2022 801.4
|
01/01 -
31/03/2021 445.8
|
Change in %
79.8
|
01/01 -
31/12/2021 1,402.9
|
|
in € million
EBIT
|
01/01 -
31/03/2022 967.3
|
01/01 -
31/03/2021 441.3
|
Change in %
119.2
|
01/01 -
31/12/2021 158.8
|
|
in € million
Adjusted Group net profit0In relation to the profit/loss attributable to the shareholders of EnBW AG.
|
01/01 -
31/03/2022 464.2
|
01/01 -
31/03/2021 320.8
|
Change in %
44.7
|
01/01 -
31/12/2021 1,203.2
|
|
in € million
Group net profit/loss0In relation to the profit/loss attributable to the shareholders of EnBW AG.
|
01/01 -
31/03/2022 606.3
|
01/01 -
31/03/2021 321.1
|
Change in %
88.8
|
01/01 -
31/12/2021 363.2
|
|
in € million
Earnings per share from Group net profit (€)0In relation to the profit/loss attributable to the shareholders of EnBW AG.
|
01/01 -
31/03/2022 2.24
|
01/01 -
31/03/2021 1.19
|
Change in %
88.8
|
01/01 -
31/12/2021 1.34
|
|
in € million
Retained cash flow
|
01/01 -
31/03/2022 883.3
|
01/01 -
31/03/2021 724.6
|
Change in %
21.9
|
01/01 -
31/12/2021 1,783.8
|
|
in € million
Net cash investment
|
01/01 -
31/03/2022 401.8
|
01/01 -
31/03/2021 374.2
|
Change in %
7.4
|
01/01 -
31/12/2021 2,471.2
|
|
€ million
|
31/03/2022
|
31/12/2021
|
Change in %
|
|---|---|---|---|
|
€ million
Net debt
|
31/03/2022
8,744.7
|
31/12/2021
8,786.1
|
Change in %
-0.5
|
|
31/03/2022
|
31/03/2021
|
Change in %
|
31/12/2021
|
|
|---|---|---|---|---|
|
Employees0Number of employees excluding apprentices/trainees and inactive employees. 0The number of empolyees for the ITOs (ONTRAS Gastransport GmbH, terranets bw GmbH und TransnetBW GmbH) is only updated at the end of the year; for intervals of less than a year, the number of employees from 31/12/2021 is carried forward.
|
31/03/2022
26,268
|
31/03/2021
24,828
|
Change in %
5.8
|
31/12/2021
26,064
|
|
Employee equivalents0Converted into full-time equivalents.
|
31/03/2022
24,663
|
31/03/2021
23,290
|
Change in %
5.9
|
31/12/2021
24,519
|
Solid start to the new financial year despite large swings in energy markets
- Broad portfolio ensures stability in volatile market environment
- Earnings guidance for 2022 confirmed
- Significant earnings growth in Generation segment
- Noticeable negative impacts on Sales and Grids
Outlook 2022
|
Smart Infrastructure for Customers
|
€ 350 to 425 m
|
|
System Critical Infrastructure
|
€ 1,225 to 1,325 m
|
|
Sustainable Generation Infrastructure
|
€ 1,650 to 1,750 m
|
|
Total
|
€ 3,025 to 3,175 m
|
Reporting Q3 2022
|
Time
|
Event
|
Downloads
|
|---|---|---|
|
Time
09:00 a.m. (CET)
|
Event
Publication of the reporting
|
Downloads
|
|
Time
1:00 p.m. (CET)
|
Event
Investor and analyst conference call with
|
Downloads
|