RWE reports sustained growth

Energy company RWE has announced that by mid-2010, its operating result had increased by 21 per cent year on year to almost €5bn (£4.13bn).

Recurrent net income – the key determinant of the dividend – rose by 23 per cent to €2.7bn.

RWE achieved an increase in EBITDA of 22 per cent to almost €6.2bn. External revenue grew by 12 per cent to €27.4bn in the first six months.