FRANKFURT (Reuters) – EnBW said on Tuesday that its investments rose by 40% in the first nine months even though profits fell, as the German utility pursued its energy transition.
The group also confirmed its 2024 outlook, saying it still expects adjusted core profit (EBITDA) of 4.6 billion euros to 5.2 billion euros ($4.9 to $5.5 billion).
($1 = 0.9387 euros)
(Reporting by Christoph Steitz; Editing by Alexander Smith)
