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Reporting 9M 2026

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Adjusted EBITDA
€3,206 m
Adjusted Group net profit
€657 m
Retained cash flow
€1,401 m
Net debt
€14,688 m
Our portfolio is robust and well positioned for the future. The same applies to our financing. This year, we have already invested more than €4 billion. The largest share went into grid and charging infrastructure for electric vehicles, the expansion of renewable energies and flexibly dispatchable generation.

Thomas Kusterer, Deputy CEO and CFO

Downloads

Further documents can be found in our downloadcenter.

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Quarterly Statement 9M 2026
Annual Report 2025
ESG Factbook 2026
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Investor and analyst presentation 9M 2026
Investor presentation October 2026
Factbook 2026

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Why invest in EnBW?

  • Integrated utility driving forward energy transition
  • Robust diversified portfolio with high share of low-risk business
  • Hedging of earnings from marketed electricity generation
  • Science-based net-zero targets (SBTi-validated, Moody's NZ-2)
  • Prudent financial policy
  • Stable government-related shareholder structure


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Focus on investor dialogue

EnBW’s corporate and financing strategy are the focus of our investor communication. To us, investor relations means providing capital market participants with comprehensive and timely information, and also reflecting how they view EnBW back to the Company. That is why we attach great importance to continuous dialogue with investors.

Marcel Münch, SVP Finance, M&A and Investor Relations