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RWE AG - AnalystsEstimates

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RWE at a glance

Investor Relations

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Analyst Consensus Estimates

AnalystsEstimates
Consensus of Analysts Estimates of RWEs Key Performance Indicators
(Last updated 7 November 2011, Vara Research, RWE)

The following consensus data is adjusted and only includes analyst estimates not taking into account the planned disposals. A download of a detailed version as well as the unadjusted consensus can be found below the table.

EBITDA (million )
Average Median High Low # estimates

20101)
10,256

2011
8,183 8,209 8,490 7,888 21

2012
8,890 9,047 9,514 7,769 21

2013
8,674 8,886 9,533 6,745 20

2014
9,215 9,465 9,804 7,532 15

Operating Result (million )


Average Median High Low # estimates

20101)
7,681

2011
5,569 5,618 5,823 5,202 21

2012
6,043 6,027 6,577 5,169 21

2013
5,607 5,730 6,381 4,287 20

2014
5,947 6,024 6,414 4,814 15

Net Income (million )


Average Median High Low # estimates

20101)
3,308

2011
2,217 2,225 2,430 1,979 21

2012
2,543 2,675 2,965 1,886 21

2013
2,276 2,353 2,700 1,563 20

2014
2,469 2,593 2,821 1,716 15

Earnings per Share (EPS, )


Average Median High Low # estimates

20101)
6.20

2011
4.07 4.15 4.55 3.22 21

2012
4.47 4.35 5.56 2.92 20

2013
3.99 4.06 4.71 2.42 19

2014
4.35 4.37 5.18 2.65 14

Recurrent Net Income (million )


Average Median High Low # estimates

20101)
3,752

2011
2,398 2,395 2,656 2,171 21

2012
2,593 2,631 3,068 1,974 21

2013
2,298 2,367 2,700 1,563 20

2014
2,496 2,602 2,793 1,716 15

Recurrent Earnings per Share (EPS, )

20101)

2011

2012

2013

2014

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RWE AG - AnalystsEstimates

http://www.rwe.com/web/cms/en/345802/rwe/investor-relations/shares...

Average Median High Low # estimates

7.03

4.40 4.43 4.98 3.63 21

4.56 4.60 5.56 3.12 21

4.03 4.14 4.80 2.42 20

4.40 4.48 5.13 2.65 15

Dividend per Share ()


Average Median High Low # estimates

20101)
3.50

2011
2.20 2.30 2.68 1.75 21

2012
2.24 2.30 2.75 1.75 21

2013
2.08 2.00 2.68 1.50 20

2014
2.20 2.19 2.79 1.40 15

1) as reported The following brokers have contributed to the consensus: Baader Bank, Banco Sabadell, Bankhaus Metzler, Barclays Capital, BoA Merrill Lynch, Cheuvreux, Citigroup, Commerzbank, Credit Suisse, DZ Bank, Equinet, Exane BNP, Espirito Santo, Goldman Sachs, HSBC, Independent Research, JPMorgan Cazenove, Kepler Equities, LBBW, Macquarie, Main First, MF Global, Morgan Stanley, Natixis, Nomura, Royal Bank of Scotland, Santander Bolsa, Socit Gnrale, UBS, UniCredit, Warburg Research, WestLB

Download Analysts' Estimates (as of 11/07/2011) (XLS | 0.3 MB) Previous versions: Download Analysts' Estimates (as of 09/09/2011) (XLS | 0.3 MB) Download Analysts' Estimates (as of 01/07/2011) (XLS | 0.3 MB) Download Analysts' Estimates (as of 02/16/2011) (XLS | 80 KB) Download Analysts' Estimates (as of 10/26/2010) (XLS | 65 KB) For recommendations and target prices of financial analysts and excerpts of their reports please refer to Analyst Recommendations Analyst Reports
Disclaimer: This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. RWE AG did not participate in the compilation of the estimates and does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness. Reference to recommendations and assessments serves only for reader information and is non-binding. This document does not imply that RWE AG subscribes to these recommendations, opinions or conclusions in any form whatsoever, or that RWE AG supports or confirms them. RWE AG accepts no liability for the selection, current relevance, completeness or correctness of the analysts recommendations and assessments reproduced here. None of the information provided is to be understood as an offer for purchase of RWE shares or RWE bonds, or to be advertising same. Any liability on the part of RWE AG for losses incurred by third parties arising from the information contained on this Internet site is precluded.

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