RWE AG (WBO:RWE)
€ 30.1 1.06 (3.65%) Market Cap: 22.39 Bil Enterprise Value: 19.50 Bil PE Ratio: 6.46 PB Ratio: 0.69 GF Score: 72/100

Full Year 2018 RWE AG Earnings Call Transcript

Mar 14, 2019 / 11:30AM GMT
Release Date Price: €22.09 (+2.08%)
Gunhild Grieve
RWE Aktiengesellschaft - Head of IR

Thank you very much. Good morning to everyone on the phone and to those of you who are joining us via webcast. I'm joined here by Rolf Martin Schmitz and Markus Krebber for the presentation on fiscal year 2018 and the outlook for 2019. Rolf will give you a strategy update focusing on the progress of our transaction with E.ON as well the status of the discussions around the German coal phase out. Markus will provide details on our 2018 financial performance and the outlook for 2019. As always, in order to focus on your questions, we have kept it short.

So let me hand over to Rolf.

Rolf Martin Schmitz
RWE Aktiengesellschaft - Chairman of Executive Board, CEO & Labour Director

Thank you, Gunhild, and hello, ladies and gentlemen. 2018 has been pivotal for RWE's future. We have laid the foundation for the transformation into a fully operational company again with a strong and sustainable platform for future growth. With the envisaged asset swap with E.ON, we are creating a leading renewables player.

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