To read the report in full please go here, to see the previous summary then click on RWE annual report 2016 and to see the previous analysis of RWE 2016.
As you can see in the financial statement below the revenue decreased by -4.8% and there were plenty of costs that in the end led to a spectacular result of -5.7 BILLION €. This now means that RWE has no more built up profits but at least they are not as bad as E.On that even have negative equity at the moment. The interesting thing is that the share price have increased massively lately and by the look of things investors are expecting a splendid 2017. But back to the figures below... to go -9.29 € per share in a year when the share price was down sniffing on 10 € per share is to me pretty much insane. Sure they do not correlate but still...
Conclusion: RWE had yet another bad year that was not only bad but pretty much breathtakingly awful. The entire world seems to believe that was the end of it because the share price is up over 17 € which makes very little sense based on 2016. I will remain as a shareholder.
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