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"We're not categorically ruling out adjusting our portfolio of
countries," Bernhard Guenther said in an interview, when asked
whether RWE would choose to sell its UK unit Npower at some
point.
Guenther added it would take at least until 2017 for Npower to
return to profit from an expected mid double-digit million-euro
loss this year.
RWE lost about 200,000 customers in Britain in the first nine
months of the year compared with 100,000 just for the first
half, it said last week, sending its shares down 10 percent. It
now has 5.4 million customers in the UK.
The UK retail market for power and gas is in flux as customers
are disenchanted with faceless and expensive large suppliers,
turning to agile new firms that are small and local or
aggregators who also sell other services like telecoms.
RWE Npower is among the big six UK household power and gas
suppliers who have dominated the market for decades and still
control more than 85 percent.
(Reporting by Christoph Steitz, Vera Eckert and Tom Kaeckenhoff;
Editing by Ludwig Burger and Georgina Prodhan)
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