E.ON SE: E.ON fully on track after strong first quarter of 2021
DGAP-News: E.ON SE
/ Key word(s): Quarterly / Interim Statement
11.05.2021 / 07:00
E.ON fully on track after strong first quarter of 2021
Adjusted EBIT up 14 percent to €1.7 billion, adjusted net income up 19 percent to roughly €800 million
Operating improvements along with weather-related increase in gas sales volume are key earnings drivers
Successful restructuring enables UK business to return to profitability
Forecast for 2021 financial year, medium-term targets, and dividend policy confirmed
Essen-based energy company E.ON continues its successful performance in the new financial year despite the COVID-19 pandemic, posting significantly improved earnings. Adjusted EBIT rose by 14 percent year on year to €1.7 billion, adjusted net income by 19 percent to €809 million. At the presentation of the company's first-quarter results, CFO Marc Spieker commented: "We're off to a successful start in the new year. All our businesses delivered a strong operational performance in the first quarter. This gives us a lot of confidence for the remainder of the year. I can therefore fully affirm our forecast for 2021, our medium-term financial and earnings plan, and our dividend promise."