EBIT and adjusted net income was down, as expected, after an exceptionally high base in Q1 18. The group also suffered from fierce competition in the UK and a delayed pass-on higher grid feed to customers in Germany. Full-year guidance is confirmed, and the Innogy transaction is on track.
13 May 2019
Q1 in line; FY19 guidance confirmed
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Q1 in line; FY19 guidance confirmed
E.ON SE (EOAN:WBO) | 0 0 1.3% | Mkt Cap: 17,847m
- Published:
13 May 2019 -
Author:
Auguste DERYCKX LIENART -
Pages:
2
EBIT and adjusted net income was down, as expected, after an exceptionally high base in Q1 18. The group also suffered from fierce competition in the UK and a delayed pass-on higher grid feed to customers in Germany. Full-year guidance is confirmed, and the Innogy transaction is on track.