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EnBW Energie Baden Württemberg : maintains stable course in first quarter of 2024

Power price dip hits EnBW earnings

'EnBW is doing well' - but prices for customers are rising

After a big plus last year, the Karlsruhe-based energy company EnBW is expecting a decline in earnings in 2024 due to falling sales prices. Even though the new EnBW CEO Georg Stamatelopoulos counts.

German energy firm EnBW ups earnings by 60%; decline expected in 2024

EnBW, Germany's third-largest energy supplier, increased its operating result - or adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) - by some 60% to almost €6.4 billion ($6.9 billion) last year. The surge was mainly due to an increase in thermal generation - that is from coal and gas - and trading. Due to increased market prices and fluctuations, the electricity volumes generated were sold at significantly better conditions compared to 2022, the Karlsruhe-based co

EnBW presents figures for 2023 shortly after Board of Management change

According to the forecast, the Karlsruhe-based energy company EnBW was able to increase its earnings last year by more than half compared to 2022. Germany s third-largest utility had stated the.