Reporting 2020 - 2023
All information about past publications
Reporting 6M 2024
Our half-year earnings are fully in line with our expectations. After the previous year’s exceptional performance due to the unusual market price levels, earnings have returned to normal. We continue to expect earnings in the current financial year to be in a range between €4.6 bn and €5.2 bn.
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Figures 6M 2024
Adjusted EBITDA
€0 m
Adjusted Group net profit
€0 m
attributable to the shareholders of EnBW AG
Retained cash flow
€0 m
Net debt
€0 m
as of 30.06.2024
Share of adjusted EBITDA: €1,451 m
Sustainable Generation Infrastructure
Sustainable Generation Infrastructure
Renewable Energies
- Lower margins from pumped storage
+ New capacity additions in onshore wind and solar
+ Higher run-of-river power generation and better wind yields
Thermal Generation and Trading
- Lower realized hedged generation margins
- Lower trading results due to reduced volatility in commodity markets
Share of adjusted EBITDA: €1,157 m
System Critical Infrastructure
System Critical Infrastructure
+ Higher earnings as a result of increased investments in grid expansion
+ Lower expenses for maintaining grid reserve and redispatch
- Higher personnel expenses
Share of adjusted EBITDA: €173 m
Smart Infrastructure for Customers
Smart Infrastructure for Customers
+ Absence of negative prior-year effect relating to deconsolidation of our subsidiary bmp greengas
- Lower sales volumes due to mild temperatures
- Restructuring of the product portfolio of our solar home storage subsidiary
Performance indicators of the EnBW Group
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in € million
|
01/01-30/06/2024
|
01/01-30/06/2023
|
Change in %
|
01/01-31/12/2023
|
|---|---|---|---|---|
|
in € million
External revenue
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01/01-30/06/2024
19,033.5
|
01/01-30/06/2023
26,686.1
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Change in %
-28.7
|
01/01-31/12/2023
44,430.7
|
|
in € million
Adjusted EBITDA
|
01/01-30/06/2024
2,588.0
|
01/01-30/06/2023
3,498.3
|
Change in %
-26.0
|
01/01-31/12/2023
6,365.2
|
|
in € million
Share of adjusted EBITDA accounted for by Sustainable Generation Infrastructure in € million/in %
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01/01-30/06/2024
1,450.8 / 56.1
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01/01-30/06/2023
2,607.0 / 74.5
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Change in %
-44.3 / –
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01/01-31/12/2023
4,647.6 / 73.0
|
|
in € million
Share of adjusted EBITDA accounted for by System Critical Infrastructure in € million/in %
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01/01-30/06/2024
1,156.8 / 44.7
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01/01-30/06/2023
1,021.2 / 29.2
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Change in %
13.3 / –
|
01/01-31/12/2023
1,772.0 / 27.8
|
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in € million
Share of adjusted EBITDA accounted for by Smart Infrastructure for Customers in € million/in %
|
01/01-30/06/2024
172.7 / 6.7
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01/01-30/06/2023
20.9 / 0.6
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Change in %
– / –
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01/01-31/12/2023
239.5 / 3.8
|
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in € million
Share of adjusted EBITDA accounted for by Other/Consolidation in € million/in %
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01/01-30/06/2024
-192.3 / -7.5
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01/01-30/06/2023
-150.8 / -4.3
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Change in %
-27.5 / –
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01/01-31/12/2023
-293.9 / -4.6
|
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in € million
EBITDA
|
01/01-30/06/2024
3,239.3
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01/01-30/06/2023
5,134.0
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Change in %
-36.9
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01/01-31/12/2023
5,738.3
|
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in € million
Adjusted EBIT
|
01/01-30/06/2024
1,756.0
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01/01-30/06/2023
2,656.1
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Change in %
-33.9
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01/01-31/12/2023
4,678.9
|
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in € million
EBIT
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01/01-30/06/2024
2,407.3
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01/01-30/06/2023
3,920.6
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Change in %
-38.6
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01/01-31/12/2023
3,341.3
|
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in € million
Adjusted Group net profit0In relation to the profit/loss attributable to the shareholders of EnBW AG.
|
01/01-30/06/2024
926.9
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01/01-30/06/2023
1,653.4
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Change in %
-43.9
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01/01-31/12/2023
2,779.5
|
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in € million
Group net profit/loss0In relation to the profit/loss attributable to the shareholders of EnBW AG.
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01/01-30/06/2024
1,344.5
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01/01-30/06/2023
2,525.8
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Change in %
-46.8
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01/01-31/12/2023
1,537.6
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in € million
Earnings per share from Group net profit (€)0In relation to the profit/loss attributable to the shareholders of EnBW AG.
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01/01-30/06/2024
4.96
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01/01-30/06/2023
9.33
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Change in %
-46.8
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01/01-31/12/2023
5.68
|
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in € million
Retained cash flow
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01/01-30/06/2024
880.0
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01/01-30/06/2023
2,238.0
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Change in %
-60.7
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01/01-31/12/2023
4,831.5
|
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in € million
Net cash investment
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01/01-30/06/2024
2,159.9
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01/01-30/06/2023
1,602.3
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Change in %
34.8
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01/01-31/12/2023
2,739.8
|
|
in € million
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30/6/2024
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31/12/2023
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Change in %
|
|---|---|---|---|
|
in € million
Net debt
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30/6/2024
12,585.4
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31/12/2023
11,703.1
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Change in %
7.5
|
Financial and strategic performance indicators
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Customers and society goal dimension
|
01/01-30/6/2024
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01/01-30/6/2023
|
Change in %
|
01/01-31/12/2023
|
|---|---|---|---|---|
|
Customers and society goal dimension
EnBW/Yello Customer Satisfaction Index
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01/01-30/6/2024
111 / 166
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01/01-30/6/2023
127 / 170
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Change in %
-12.6 / -2.4
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01/01-31/12/2023
130 / 161
|
|
Customers and society goal dimension
SAIDI (electricity) in min./year
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01/01-30/6/2024
5.9
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01/01-30/6/2023
5.6
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Change in %
5.4
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01/01-31/12/2023
19.3
|
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Customers and society goal dimension
Employees goal dimension
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Customers and society goal dimension
LTIF for companies controlled by the Group0The LTIF for companies controlled by the Group excluding waste management and LTIF overall, which includes the area of waste management, only includes companies with more than 100 employees excluding external agency workers and contractors.0Newly fully consolidated companies are not included for a maximum transition period of three years.
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01/01-30/6/2024
2.6
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01/01-30/6/2023
2.2
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Change in %
18.2
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01/01-31/12/2023
2.4
|
|
Customers and society goal dimension
LTIF overall0The LTIF for companies controlled by the Group excluding waste management and LTIF overall, which includes the area of waste management, only includes companies with more than 100 employees excluding external agency workers and contractors.
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01/01-30/6/2024
4.3
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01/01-30/6/2023
3.1
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Change in %
38.7
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01/01-31/12/2023
3.7
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* The 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.
Non-financial performance indicators*
|
30/6/2024
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30/6/2023
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Change in %
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31/12/2023
|
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|---|---|---|---|---|
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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 31/12/2023 is carried forward.
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30/6/2024
29,329
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30/6/2023
27,575
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Change in %
6.4
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31/12/2023
28,630
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|
Full-time equivalents0Converted into full-time equivalents.
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30/6/2024
27,563
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30/6/2023
25,932
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Change in %
6.3
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31/12/2023
26,943
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Employees
Guidance 2024 reiterated and on track
in € bn
Reporting 3M 2024
In the current financial year we continue to expect earnings lightly lower, in a range between €4.6 billion and €5.2 billion. The reason for this is lower revenue from the marketing of electricity generated by our power plants, due to the normalization of the market price level. However, our integrated portfolio approach means that we have a highly robust business model.
Downloads
Figures 3M 2024
Adjusted EBITDA
€0 m
Adjusted Group net profit
€0 m
Attributable to the shareholders of EnBW AG
Retained cash flow
€0 m
Net debt
€0 m
as of 31.03.2024
Share of adjusted EBITDA: €798 m
Sustainable Generation Infrastructure
Sustainable Generation Infrastructure
Renewable Energies
↑ Increase in earnings from run-of-river and offshore
↓ Increased capacity due to reallocation of pumped storage assets offset by lower realized electricity
Thermal Generation and Trading
↓ Significantly lower realized hedged generation margins
↓ Lower volatility and less favorable commodity environment in the gas market
↓ Absence of income from nuclear generation
Share of adjusted EBITDA: €574 m
System Critical Infrastructure
System Critical Infrastructure
↑ Positive margin effects
↑ Good grid reserve and redispatch performance
↓ Higher personnel expenses
Share of adjusted EBITDA: €78 m
Smart Infrastructure for Customers
Smart Infrastructure for Customers
↑ Lower seasonality in the purchase prices
↑ Good underlying performance, in particular from B2B at EnBW's subsidiaries
Reporting 9M 2024
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Day
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Event
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Time
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Download
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Day
12 November 2024
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Event
Publication reporting 9M 2024
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Publication Quarterly Statement 9M 2024
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Time
09:00 a.m. (CET)
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Download
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Investor and analyst conference call 9M 2024
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Time
02:00 p.m. (CET)
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Download
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