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Measures to consolidate and reorganise the Group have positive effects

AGM of EnBW Energie Baden-Württemberg AG

First quarter figures confirm earnings trend reversal

in
Q1 2004
Q1 2003
Change in %
Sales
in
Mio. €
Q1 2004
2,843
Q1 2003
2,843
Change in %
0
EBITDA
in
Mio. €
Q1 2004
627
Q1 2003
479
Change in %
+ 31
EBIT
in
Mio. €
Q1 2004
341
Q1 2003
268
Change in %
+ 27
EBT
in
Mio. €
Q1 2004
244
Q1 2003
125
Change in %
+ 95
Earnings after tax
in
Mio. €
Q1 2004
123
Q1 2003
33
Change in %
+ 273
Earnings per share
in
Q1 2004
0.44
Q1 2003
0.14
Change in %
+ 214
Operating Cashflow
in
Mio. €
Q1 2004
247
Q1 2003
69
Change in %
+ 258
Investments
in
Mio. €
Q1 2004
69
Q1 2003
137
Change in %
- 50
Free cash flow
in
Mio. €
Q1 2004
471
Q1 2003
- 541
Change in %
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