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Transcripts For BLOOMBERG Bloomberg Daybreak Europe 20170515

Anna a very warm welcome to bloomberg daybreak europe, our flagship morning show from london. Manus another day, another set of earnings. Anna, the Energy Producer in germany has a miss. Anna yes. First quarter adjusted net income fell by 18 , misting the average analyst estimates. They are reiterating their electricityrecast, generation revenue contributing to the drop, according to the company. That has been one of the questions, how will they be helped by wholesale electricity price recovering from decade lows . This is the biggest power producer in essen. It will be interesting to see whether they are sticking to their all your forecast. Previously they had forecast a 67 increase in profit for this year. They are recovering from a collapsed and electricity prices, but prompted the sale of the grid business last year. A lot of moving parts at rwe. The numbers themselves are a miss. The share price so far, up by 32 . Manus there has been a bit of a recovery in terms of next day price

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