The group is moving forward with 5,500 new MW installed in 2019, five times the annual average capacity installed over the past few years

 2020 Outlook Infographic [PDF]      2018-2022 Outlook Update presentation [PDF]

 Capital Markets Day


2020 Outlook. February 2020.



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Increasing gross investments to more than EUR 10,000 M (+40% over the average of last three years)...

  • Increase in Capacity > 4 GW (+8%)
  • Increase in Asset base > aprox. 4% RAV increase

... together with higher efficiencies and the good perspectives of all businesses...

  • Networks: New rate plans
  • Renewables: Additional capacity
  • Generation & Supply: Higher production. Hedges in commodities prices

... lead to high single-digit1 growth outlook in Net Profit for 2020, maintaining financial strength and dividend policy


1 Excluding extraordinary capital gains from Siemens-Gamesa minority stake sale.

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