RWE with problems in UK - increase in earnings in the renewable energy division
Essen, Germany - During the first half of 2015, RWE
Adjusted net income (previously: recurrent net income) was down 28% to EUR 543 million. Besides the weaker operational earnings, this can also be attributed to an unusually high effective tax rate. External revenue was largely unchanged, at EUR 25.1 billion.
Investments in renewable energy pay off The Renewables Division posted a marked improvement in earnings. RWE Innogy
Source: IWR Online, 13 Aug 2015