RWE Company profile
About RWE AG
RWE AG (RWE) is a Germany-based holding company. The Company is engaged in the generation, transmission, distribution, and trading of electricity and gas. Its activities are divided into three segments: Lignite & Nuclear, European Power and Supply & Trading. The Lignite & Nuclear segment focuses on electricity generation in Germany using lignite and nuclear power. The European Power segment includes the electricity generation business in Germany, the United Kingdom, the Netherlands, and Belgium using gas and hard coal power plants. The Supply & Trading segment comprises trading in electricity, natural gas, coal, oil, carbon dioxide certificates and biomass.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, RWE AG revenues increased 79% to EUR24.53B. Net income before extraordinary items decreased 13% to EUR721M. Revenues reflect Supply & Trading segment increase of 99% to EUR19.52B, onshore Wind/ Solar segment increase of 25% to EUR2.32B, Germany segment increase from EUR3.99B to EUR9.08B, United Kingdom segment increase from EUR3.91B to EUR8.26B.
Equity composition
Currency change: 1993-1998 statements are in German Marks. As of 30 June 1999 all statements are in Euro. 1998 statements have been reclassified and converted to German Marks at the 30 June 1998 rate EUR1 = DM1.95583. Stock split: At 1 February 1996 the company underwent a stock split in the ratio 1:10.