Finance
Germany's EnBW Expects Profits to Be Stable at Best in 2026
Published by Global Banking & Finance Review®
Posted on March 25, 2026
1 min readLast updated: March 25, 2026
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EnBW projects adjusted core profit of €4.6–5.1 billion in 2026, matching its 2025 result of €5.1 billion, signaling at best stability. Yet, bolstered by a strong 2024 performance, it still proposed a higher €1.60/share dividend.
EnBW Forecasts Stable Profits for 2026 and Higher Dividend for Past Year
EnBW's Financial Outlook and Dividend Announcement
Stable Core Profit Projection for 2026
FRANKFURT, March 25 (Reuters) - German utility EnBW said on Wednesday its core profit would be stable at best in 2026, although it still proposed a higher dividend for the past fiscal year.
Adjusted Core Profit Expectations
Adjusted core profit is expected between 4.6 billion euros and 5.1 billion euros ($5.3 billion-$5.9 billion) this year, compared with 5.1 billion euros in 2025.
Exchange Rate Reference
($1 = 0.8633 euros)
Reporting Credits
(Reporting by Christoph Steitz. Editing by Mark Potter)
Key Takeaways
- •Adjusted core profit for 2026 is expected at €4.6–5.1 billion, flat versus €5.1 billion in 2025 (enbw.com)
- •Dividend proposed at €1.60 per share for 2024 marks a ~7 % increase over 2023’s €1.50 (enbw.com)
- •EnBW continues heavy investment—with €6.2 billion in 2024 and plans for up to €50 billion through 2030—supported by capital increase and green bond issuance (enbw.com)
References
Frequently Asked Questions about Germany's EnBW expects profits to be stable at best in 2026
1What profit does EnBW expect for 2026?
EnBW expects its core profit to be stable at best in 2026.
2What was EnBW's adjusted core profit in 2025?
EnBW's adjusted core profit in 2025 was 5.1 billion euros.
3Is EnBW planning to increase its dividend?
Yes, EnBW proposed a higher dividend for the past fiscal year.
