EnBW expects core earnings to rise by up to 8% in 2025

FRANKFURT (Reuters) – German utility EnBW said on Wednesday core profit could increase by up to 8% this year, boosted by its energy grids that benefited from a rise in investments.

The company also said it remained in talks with its top shareholders – the state of Baden-Wuerttemberg and local municipalities – about a capital increase of around 3 billion euros ($3.2 billion) to fund further growth.

($1 = 0.9251 euros)

(Reporting by Christoph Steitz; Editing by Mark Potter)

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