Revenue RWE Dea


RWE Dea’s external revenue was down by one third to € 901 million. The company sold its crude oil production at much lower dollar prices than in the same period in 2008. However, the negative impact on sales was slightly mitigated by the US currency’s gain on the euro. In the German gas business, we benefited from the lag in the adjustment to oil prices commonly experienced in the market. As a result, RWE Dea succeeded in selling its gas at slightly higher prices than in the first three quarters of 2008. However, this contrasted with revenue losses resulting from the decline in gas production.