EnBW's adjusted earnings before interest, taxes, depreciation and amortization (adjusted Ebitda) rose by a good 60 percent to 6.37 billion euros. The new CEO Georg Stamatelopoulos explained that due to the very good results, EnBW would again significantly increase investments in the energy transition in the coming years.
Gross investments of 40 billion euros are planned by 2030, around 90 percent of which will be in Germany. The group has around 5.5 million customers and is Germany's third largest energy supplier.