Research (J&T BANKA)
World markets  |  October 10, 2012 09:23:53

Guenther (RWE): The company plans to cut dividend

Bernhard Guenther, board member of RWE, said at the conference that RWE plans to reduce the dividend payment. RWE has a dividend policy to pay out 50-60% of net profit. The company is also not in a position to have access to sell assets at any price (fire sale). RWE would not fulfill the plan for restructuring the company and the sale of assets in the amount of EUR 7 billion in 2013, in that case, would reduce operating and investment costs to reduce debt. The announcement was made ??yesterday during trading session, we consider them as neutral.

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Guenther (RWE): Firma neplánuje snižovat výplatu dividend

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