RWE shares fall 3.47% on weaker than expected earnings
German energy giant RWE dropped 3.47% after reporting a first-half adjusted EBITDA of €2.14 billion, below analyst expectations of €2.24 billion. Adjusted net profit came in at €0.8 billion.
Despite the miss, the company reaffirmed its 2025 guidance, expecting adjusted EBITDA between €4.55 billion and €5.15 billion, and adjusted net profit between €1.3 billion and €1.8 billion.
Over the past week, RWE has underperformed Germany’s DAX index, with analysts warning the stock could face further selling pressure. In the short term, technicals point to a decline toward €33.87, with initial resistance at €34.91 and potential downside to the €33.49 support level.
UCapital Asset Management LLP or group companies may have commercial relationships with the companies mentioned. This content is not financial advice.
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