Finance
EnBW calls for reliable regulation as core profit drops 7%
EnBW calls for reliable regulation as core profit drops 7%
Published by Global Banking and Finance Review
Posted on August 8, 2025
Published by Global Banking and Finance Review
Posted on August 8, 2025
FRANKFURT (Reuters) -EnBW posted a 7% drop in first-half core profit on Friday, and confirmed an ambitious 50 billion euro ($58.21 billion) investment push that the German utility said depended on favourable regulatory conditions in its home market.
"For the continued sustainable transformation of the energy system, we need a clear and reliable policy framework," finance chief Thomas Kusterer said.
($1 = 0.8590 euros)
(Reporting by Christoph Steitz; Editing by Kirsten Donovan)
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