July 26. 2018

EnBW continues positive earnings performance in 2018

Consistent strategy implementation continues to deliver results / first half year with growth in revenue and earnings / full-year guidance of 0 to +5% confirmed

Performance indicators of the EnBW Group

Financial and strategic performance indicators
in € million

01/01 –
30/06/2018

01/01 –
30/06/2017

Change
in %

01/01 –
31/12/2017
External revenue
11,561.8
10,475.8
10.4
21,974.0
Adjusted EBITDA
1,141.0
1,072.6
6.4
2,113.0
Share of adjusted EBITDA accounted for by Sales in € million/in %
159.5 / 14.0
180.8 / 16.9
11.8 / –
330.0 / 15.6
Share of adjusted EBITDA accounted for by Grids in € million/in %
684.9 / 60.0
610.6 / 56.9
12.2 / –
1,045.9 / 49.5
Share of adjusted EBITDA accounted for by Renewable Energies in € million/in %
164.8 / 14.4
152.4 / 14.2
8.1 / –
331.7 / 15.7
Share of adjusted EBITDA accounted for by Generation and Trading in € million/in %
138.8 / 12.2
102.3 / 9.5
35.7 / –
377.1 / 17.8
Share of adjusted EBITDA accounted for by Other/Consolidation
in € million/in %
-7.0 / -0.6
26.5 / 2.5
-126.4 / –
28.3 / 1.4
EBITDA
1,184.7
2,639.6
55.1
3,752.4
Adjusted EBIT
549.4
543.0
1.2
998.8
EBIT
586.8
2,082.6
-71.8
2,504.0
Group net profit¹
346.2
1,679.3
-79.4
2,054.1
Earnings per share from Group net profit¹ in €
1.28
6.20
-79.4
7.58
Retained cash flow
333.5
1,884.6
-82.3
3,050.3
Retained cash flow II
433.5
881.8
-50.8
1,529.5
Net (cash) investments²
556.1
449.5
23.7
1,367.1
Non-financial performance indicators³

01/01–
30/06/2018

01/01–
30/06/2017

Change
in %

01/01–
31/12/2017
Customers goal dimension
EnBW/Yello Customer Satisfaction Index
130 / 150
139 / 164
-6.5 / -8.5
143 / 161
SAIDI (electricity) in min./year²
8
9
-11.1
19
Employees goal dimension
LTIF⁴
2.5
3.1
-19.4
3.0
Employees5, 6
30/06/2018
30/06/2017
Change
in %
31/12/2017
Number
21,397
21,324
0.3
21,352
Number of full-time equivalents⁷
19,999
19,862
0.7
19,939

¹ In relation to the profit/loss attributable to the shareholders of EnBW AG.

² The figures for the previous year have been restated.

³ The values for the key performance indicators Reputation Index, Employee Commitment Index (ECI), “Installed output of renewable energies (RE) in GW and the share of the generation capacity accounted for by RE” and CO₂ intensity will be exclusively collected at the end of the year.

⁴ Variations in the group of consolidated companies; only those companies controlled by the Group are included.

⁵ Number of employees excluding apprentices/trainees and inactive employees.

⁶ The number of employees for the ITOs (ONTRAS Gastransport GmbH, terranets bw GmbH and TransnetBW GmbH) is only updated at the end of the year; for intervals of less than a year, the number of employees from 31/12/2017 is carried forward.

⁷ Converted into full-time equivalents.