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.
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