Germany's EnBW confirms 2025 outlook

EnBW Energie Baden Wuerttemberg AG

13/05/2025 08:00

FRANKFURT, May 13 (Reuters) - German utility EnBW on Tuesday confirmed its outlook after posting a 5% rise in first-quarter core profit, adding that a potential upcoming capital increase would enable it to fund additional investments of up to 10 billion euros ($11 billion) by 2030.

Adjusted earnings before interest, tax, depreciation and amortisation are still seen at 4.8 billion to 5.3 billion euros in 2025, the company said.

($1 = 0.9015 euros)

 (Reporting by Christoph Steitz; Editing by Lisa Shumaker)

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