|
DGAP-Ad-hoc: EnBW Energie Baden-Württemberg AG / Key word(s): Half Year Report Half-year financial statements to show impairment losses and provisions for onerous contracts totalling €1.25 billion The recognition of these special charges totalling €1.25 billion in the 2021 half-year financial statements is mainly due to reduced expectations for future cash flows, primarily in the conventional generation business due to expected increased climate change mitigation requirements. The special charges reduce the non-operating result and do not affect cash flows in the half-year financial statements. They also have no impact on the basis of calculation for the dividend. This is calculated on the basis of adjusted Group net profit (Group net profit adjusted for special items). The ability to distribute a dividend for the 2021 financial year is unaffected. The stated one-off effects do not result in any change to the full-year adjusted EBITDA earnings guidance for 2021.
15-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | EnBW Energie Baden-Württemberg AG |
| Durlacher Allee 93 | |
| 76131 Karlsruhe | |
| Germany | |
| Phone: | +49 (0)7 21 63-00 |
| E-mail: | investor.relations@enbw.com |
| Internet: | www.enbw.com |
| ISIN: | DE0005220008 |
| WKN: | 522000 |
| Indices: | CDAX Versorger |
| Listed: | Regulated Market in Frankfurt (General Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Tradegate Exchange |
| EQS News ID: | 1218996 |
| End of Announcement | DGAP News Service |
|
|
1218996 15-Jul-2021 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.
