First-half adjusted EBITDA on a group level rose 7 percent to 3.21 billion euros, in line with the 3.19 billion average forecast in a Reuters poll of banks and brokerages.
Jefferies kept a “buy” rating on the stock, calling the results reassuring.
While gas-fired power plants performed well, RWE said that hard coal-fired stations remained under pressure, adding the group would press ahead with efficiency measures, without giving specific details.
RWE said it would also benefit from the sale of most of its former 1,140 megawatt oil-fired Littlebrook power station in Britain to property investor Tritax Big Box REIT, which is expected to be completed later this year.
