EnBW cuts 2022 outlook on gas losses, windfall tax concerns
Source: Reuters
FRANKFURT, Nov 11 (Reuters) - German utility EnBW (EBKG.DE) on Friday cut its 2022 outlook, pointing to uncertainty around how it will be compensated for losses related to replacing Russian gas supplies as well as outstanding details of a planned windfall tax.The company said it now expects adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) to fall by 2%-9% to 2.7 billion euros to 2.9…
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