EBIT as expected due to headwinds in the UK for the retail activities and thought comparatives for Energy Networks, while asset expansion helped to limit the decline. Economic net debt was up but mainly due to IFRS16 and lower discount rates for pensions. As all the figures were broadly in line and we do not expect any major changes to our target price
07 Aug 2019
Down but in line
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Down but in line
E.ON SE (EOAN:WBO) | 0 0 1.3% | Mkt Cap: 17,847m
- Published:
07 Aug 2019 -
Author:
Auguste DERYCKX LIENART -
Pages:
3
EBIT as expected due to headwinds in the UK for the retail activities and thought comparatives for Energy Networks, while asset expansion helped to limit the decline. Economic net debt was up but mainly due to IFRS16 and lower discount rates for pensions. As all the figures were broadly in line and we do not expect any major changes to our target price