RWEOY - RWE AG Non-GAAP EPS of Euro1.09 revenue of Euro7.94B; reaffirms FY22 guidance

RWE AG press release (OTCPK:RWEOY): Q1 Non-GAAP EPS of €1.09. Revenue of €7.94B (+68.6% Y/Y). In the first quarter of 2022, adjusted EBITDA was €1,460 million, €577 million more than in the first three months of 2021. Our adjusted EBIT totalled €1,098 million as opposed to €548 million in the first quarter of last year. Outlook for 2022: Adjusted EBITDA of €3,600M?–?€4,000M; Adjusted EBIT of €2,000M?–?€2,400M; Adjusted net income of €1,300M?–?€1,700M.

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RWE AG Non-GAAP EPS of €1.09, revenue of €7.94B; reaffirms FY22 guidance