Company Profile For RWE AG

RWE AG (RWEG.DE) (Xetra)
sector: Utilities · industry: Utilities - Multiline ·
As of  12:41pm GMT
62.11EUR
Price Change
+0.98
Percent Change
+1.60%
 
 
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Overview

RWE AG is a management holding company of the RWE Group. The Company operates through six divisions. RWE Power, RWE Innogy, RWE Dea, RWE Supply and Trading, RWE Energy and RWE npower. RWE Power is a power producer and among the largest in Continental Europe. The Company mines lignite and generates electricity from coal, nuclear fuel and gas. RWE Innogy pools its renewable energy activities. They include onshore and offshore wind farms in Europe, as well as hydroelectric power plants and biomass projects. RWE Dea produces gas and oil, focusing on Europe and North Africa. RWE Supply and Trading runs its European energy trading operations and optimizes its non-regulated gas activities. RWE Energy is responsible for its sales and grid companies in 12 regions in and outside Germany. It provides electricity, gas, water and related services from a single source. RWE npower generates electricity from coal, gas and oil and sells electricity and gas to end customers in the United Kingdom.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, RWE AG's total revenue decreased 2% to EUR32.73B. Net profit from continuing operations decreased 1% to EUR2.77B. Total revenue reflects a decrease in demand for the Company's products and services in RWE Dea and RWE Supply & Training business segments. Net profit from continuing operations was partially offset by higher other investment income and higher financial income.

Company Address

RWE AG
Opernplatz 1
Essen     45128
P: +49201.1215025
F: +49201.1215265

Total Employees

70990

Find Out More About RWEG.DE

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