RWE, Germany's biggest electricity producer, on Thursday said it will reach the upper end of its 2020 outlook for both core and operating profit after what it says was a strong first half.
The company, Europe's No.3 renewables firm, posted an 18% rise in first-half adjusted earnings before interest, tax, depreciation and amortisation, citing capacity market payments in Britain, higher wholesale power prices and stronger winds.
(Reporting by Christoph Steitz; Editing by Michelle Martin)
