RWE earnings hit by German nuclear phase-out
Frankfurt (AFP) March 6, 2012
RWE, Germany's second biggest-power supplier, said Tuesday earnings
last year were hit by a one-billion-euro ($1.3-billion) charge related
to the shutdown of some of its nuclear power plants.
RWE said in a statement its net profit fell by 33.9 percent to 2.479
billion euros last year and operating profit declined by 24.3 percent to
5.814 billion euros on a 3.1-percent drop in revenues to 51.
RWE, Germany's second biggest-power supplier, said Tuesday earnings
last year were hit by a one-billion-euro ($1.3-billion) charge related
to the shutdown of some of its nuclear power plants.
RWE said in a statement its net profit fell by 33.9 percent to 2.479
billion euros last year and operating profit declined by 24.3 percent to
5.814 billion euros on a 3.1-percent drop in revenues to 51.
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