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
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Q3 2024 EnBW Energie Baden Wuerttemberg AG Earnings Call Transcript

Nov 12, 2024 / 01:00PM GMT
Release Date Price: €67.2 (+1.51%)
Lenka Zikmundova
EnBW Energie Baden Wuerttemberg AG - Head of Investor Relations

Good afternoon. Ladies and gentlemen, welcome to our conference call on the first 9 months of this year.

And as usual, I'm joined here by our Deputy CO and CFO Thomas Kusterer who will lead you through the presentation, we will then open up lines for your questions and with this over to you, Thomas for the update of the first 9 months of 2024.

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

Thank you Lenka and a warm welcome to everyone. As always, we appreciate your interest in our company today. We are pleased to report a solid financial performance in the first 9 months of 2024.

As expected with the market normalization, declining power prices continue to feed through.

But thanks to our robust integrated set up, we were able to deliver a solid result across the group with adjusted EBITDA at EUR3.7 billion and adjusted net profit at EUR1.3 billion.

We reiterate our full

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