Finance
Power producer RWE's first-half core profit hit by wind conditions, trading
Published by Global Banking and Finance Review
Posted on August 14, 2025
2 min readLast updated: January 22, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on August 14, 2025
2 min readLast updated: January 22, 2026
RWE's first-half core profit declined due to weak wind conditions and trading, with EBITDA falling over 25%. The company maintains its future outlook.
By Christoph Steitz and Tom Käckenhoff
FRANKFURT/DUSSELDORF (Reuters) -Germany's biggest power producer RWE posted lower-than-expected first-half core profit on Thursday, which it attributed to weak wind conditions and a muted trading business.
First-half adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) fell by more than a quarter to 2.14 billion euros ($2.50 billion), missing the 2.24 billion average estimate in a company-provided analyst poll.
Shares in the company were 3.3% lower at 0737 GMT, the biggest decliners in Frankfurt's blue-chip index.
The group, which is also the world's second-biggest developer of offshore wind projects, still confirmed its outlook for 2025, as well as its mid-term guidance for earnings per share for 2027 and 2030.
First-half profit at the group's supply and trading division, a traditionally volatile business that benefits from big price swings, fell 95% to 16 million euros, RWE said.
"Today's results particularly underscore the current difficult conditions for volatility-dependent businesses," Bernstein analysts said in a note.
RWE, which has around half of its installed renewable capacity in the United States, still expected adjusted EBITDA of between 4.55 billion to 5.15 billion euros in 2025 and a dividend of 1.20 euros per share.
($1 = 0.8543 euros)
(Reporting by Christoph Steitz and Tom Kaeckenhoff; Additional reporting by Vera Eckert; Editing by Ludwig Burger and Rachna Uppal)
Core profit refers to the earnings generated from a company's primary business operations, excluding any income from non-operational activities or one-time events.
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure used to analyze a company's operating performance.
Offshore wind projects involve the construction and operation of wind turbines located in bodies of water to generate renewable energy.
Trading in finance refers to the buying and selling of financial instruments, such as stocks, bonds, and derivatives, to generate profits.
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