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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 ne
By Syndicated Content
May 11, 2021 | 2:57 AM
FRANKFURT (Reuters) â E.ON, Europeâs largest energy networks operator, on Tuesday posted a 14% rise in first-quarter operating earnings after its British power retail division swung to a profit following a major overhaul.
The company stuck to its 2021 outlook, still expecting adjusted core profit (EBITDA) of 7.2 billion to 7.5 billion euros ($8.7-9.1 billion) and adjusted operating profit (EBIT) of 3.8 billion to 4 billion euros.
âWeâre off to a successful start in the new year. All our businesses delivered a strong operational performance in the first quarter,â Chief Financial Officer Marc Spieker said. âThis gives us a lot of confidence for the remainder of the year.â
E on vor den Zahlen: Das müssen Anleger jetzt wissen deraktionaer.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deraktionaer.de Daily Mail and Mail on Sunday newspapers.
EON IM FOKUS: Mit neuem Chef optimistisch in die Zukunft finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.