RWE gains in early trade after guidance hike

RWE AG

29/07/2026 07:25

** Shares in Germany's RWE RWEG.DE rise 3.2% in early Frankfurt trade as the power producer raised its earnings forecasts for 2026 and 2027 on Tuesday
** RWE expects 2026 adjusted EBITDA to be between €5.8 billion and €6.4 billion ($6.6-$7.3 billion), up from €5.2 billion to €5.8 billion forecast earlier
   ** "The guidance upgrade reads stronger than analysts had factored in after H126 was a clear beat," says a local trader
** RWE also reported preliminary H1 adj. EBITDA of €3 billion and adjusted net income of €1.3 billion
** Stock indicated at the top of German blue-chip index .GDAXI

($1 = 0.8772 euros)

 (Reporting by Paolo Laudani in Gdansk)
 ((Paolo.laudani@thomsonreuters.com))