RWE Aktiengesellschaft Q3 2025 Earnings Recap

RWE AG demonstrated robust financial performance in the first nine months of 2025, achieving over 80% of its full-year adjusted earnings per share target, bolstered by strategic asset sales and strong project progress.

Key Takeaways

• Adjusted EBITDA for the first nine months stood at EUR 3.5 billion, influenced by normalized prices and weak wind conditions.
• Significant non-recurring gain of EUR 225 million from the sale of a data center development project enhances the Flexible Generation segment’s results.
• RWE is progressing with 11.4 gigawatts of capacity under construction, with over 2 gigawatts expected to start operations by year-end.
• A new partnership with Apollo Global Management provides EUR 3.2 billion for a 25.1% stake in Amprion, improving the balance sheet and ensuring future growth.
• The company confirmed its dividend target of EUR 1.2 per share for fiscal year 2025 amid a successful share buyback program.