German energy company RWE slashes investments, cuts earnings targets

NAMPA / DPA

2025-03-20

Essen, Germany (dpa) - German energy group RWE reduced its outlook and investment plans on Thursday, as it presented 2024 results that were less disappointing than analysts had expected. RWE, a specialist in electricity generation and energy trading, set lower 2025 earnings targets than expected and significantly cut investments planned through to 2030. The company's operating profit fell by more than a quarter to around ?5.7 billion ($6.1 billi......

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