RWE Reports €5.68B Earnings; Hapag-Lloyd Sees 19% Profit Decline to $2.6B and Dividend Cut

RWE reported strong earnings for fiscal year 2024, with an adjusted EBITDA of €5.68 billion, surpassing estimates of €5.53 billion. The company also provided guidance for fiscal year 2025, projecting an adjusted EBIT between €2.35 billion and €2.95 billion, and an adjusted EBITDA range of €4.55 billion to €5.15 billion. RWE anticipates adjusted net income for FY 2025 to be between €1.30 billion and €1.80 billion. In contrast, Hapag-Lloyd experienced a 19% decline in net profit for 2024, reporting a full-year profit of $2.6 billion, and plans to cut its dividend amid challenging market conditions. The company expects further earnings declines in 2025. Meanwhile, RTL Group reported stable results for 2024, driven by growth in its streaming business, although its operating profit fell by 8%. RTL's revenue remained constant due to acquisitions, and it aims to improve profitability in the coming years.