EnBW Maintains Forecast After Reactor Shutdowns, FAZ Says

- EnBW Energie Baden-Wuerttemberg AG (EBK), Germany’s third-largest utility, is maintaining its forecast for 2011 after temporarily shutting down two of its reactors, Frankfurter Allgemeine Zeitung reported, citing a statement from the company.

EnBW still expects a decline in adjusted earnings before taxes and interest of between 10 percent and 15 percent compared with profit of 1.93 billion euros ($2.7 billion) in 2010, the newspaper said.

To contact the reporter on this story: Allison Connolly in Frankfurt at aconnolly4@bloomberg.net.

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net.

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