EnBW Energie Baden-Württemberg AG/€EBK

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About EnBW Energie Baden-Württemberg AG

EnBW Energie Baden-Württemberg AG is a German-based company operating in the utility industry, with a focus on energy supply, generation, and transmission. The company primarily engages in electricity and gas supply, providing services to industrial, commercial, and residential customers. EnBW's operations include electricity generation from a diverse mix of conventional and renewable sources, with a notable emphasis on expanding its renewable energy portfolio. Headquartered in Karlsruhe, Germany, EnBW serves both domestic and international markets, playing a significant role in the European energy sector. The company is strategically positioned with strengths in infrastructure, innovation in green energy solutions, and a commitment to sustainability.
Ticker
€EBK
Sector
Utilities
Primary listing
XETRA
Employees
29,326
Headquarters
Karlsruhe, Germany

EBK Metrics

BasicAdvanced
€22B
-
-€1.39
0.20
€1.70
2.50%

Bulls say / Bears say

EnBW maintained its full-year adjusted EBITDA guidance at €4.6–5.1 billion, underlining confidence in earnings stability from its core grid and renewables segments (Reuters).
Gross investments of €2.4 billion in H1 2026 support accelerated development of renewable energy capacity and grid infrastructure expansion (Reuters).
A majority of earnings now derive from risk-averse networks and renewables, contributing to a robust Q1 2026 operating performance despite geopolitical market volatility (Reuters).
Q1 2026 adjusted operating profit fell 14% to €1.2 billion from €1.4 billion year-on-year, reflecting margin pressures amid the transition away from conventional generation (Reuters).
First-half adjusted core profit declined 6.3% to €2.27 billion in H1 2026, driven by coal phase-out costs and reduced hydroelectric output due to low river levels (Reuters).
EnBW’s €50 billion investment programme is contingent on favourable regulatory conditions, exposing the firm to policy execution risk amid evolving EU energy regulations (Reuters).
Data summarised monthly by Lightyear AI. Last updated on 21 Aug 2026.
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