25 April 2024
RWE profits slump as expected, but divestment plans reduced
Publication date: 06 March 2012
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German utility RWE on Tuesday reported a 34% year-on-year drop in 2011 net income to €2.5 billion ($3.3 billion), in line with expectations. But outgoing CEO Juergen Grossman said the company aims to “get through the trough quickly”.