“RWE jumps to 10-month high as utility says targets on track“
German utility RWE’s stock price rose to a 10-month high as the company announced its first quarter results and confirmed the 2017 outlook, reports Tino Andresen for Bloomberg. “We got off to a good start this year and confirm our optimistic outlook as well as the envisaged dividend of 50 euro cents for 2017,” said RWE CFO Markus Krebber in a press release. RWE’s lignite and nuclear segment suffered from low wholesale power prices, RWE said.
Read the article in English here and the RWE press release in English here.
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