EnBW expects core earnings to rise by up to 8% in 2025

EnBW Energie Baden Wuerttemberg AG

26/03/2025 08:00

FRANKFURT, March 26 (Reuters) - German utility EnBW EBKG.DE said on Wednesday core profit could increase by up to 8% this year, boosted by its energy grids that benefited from a rise in investments.

The company also said it remained in talks with its top shareholders - the state of Baden-Wuerttemberg and local municipalities - about a capital increase of around 3 billion euros ($3.2 billion) to fund further growth.

($1 = 0.9251 euros)

 (Reporting by Christoph Steitz
Editing by Mark Potter)

 ((christoph.steitz@thomsonreuters.com; +49 30 220 133 647))