EnBW Energie Baden-Wuerttemberg AG (XTER:EBK)
€ 60.8 0 (0%) Market Cap: 16.41 Bil Enterprise Value: 23.71 Bil PE Ratio: 27.39 PB Ratio: 1.59 GF Score: 68/100

Q2 2024 EnBW Energie Baden Wuerttemberg AG Earnings Call Transcript

Aug 09, 2024 / 12:00PM GMT
Release Date Price: €64.2 (+0.94%)
Marcel Munch
EnBW Energie Baden Wuerttemberg AG - SVP Finance, M&A and Investor Relations

Good afternoon, ladies and gentlemen. Thank you for joining us today to discuss EnBW's results for the first six months of fiscal year 2024, which were published earlier this morning.

As it's standard practice, Thomas Kusterer, our Deputy CEO and CFO, will first guide you through all the details in our presentation. And afterwards, we will, of course, be happy to answer the questions you may have.

And now without any further delay, over to you, Thomas.

Thomas Kusterer
EnBW Energie Baden Wuerttemberg AG - Deputy Chairman of the Management Board, Deputy Chief Executive Officer, Chief Financial Officer

Thanks a lot and a warm welcome to everyone. During Q2 2024, we continued our solid performance. Earnings in the first six months developed well across all segments and in line with the gradual normalization in commodity and energy markets.

For H1 adjusted EBITDA stood at EUR2.6 billion and adjusted net profit at around EUR900 million,

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