The group confirmed its good progress over H2. The FY19 figures are perfectly in line with the guidance and our estimates. So good news, but expected. The group did not provide any specific details concerning the impact of COVID-19, but the overall impact should be limited as the guidance is roughly in line with our figures, and the group expects its dividend to grow by 5% per year up to 2022. Positive view confirmed.
25 Mar 2020
Resilient business model and generous dividend
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Resilient business model and generous dividend
E.ON SE (EOAN:WBO) | 0 0 1.3% | Mkt Cap: 17,847m
- Published:
25 Mar 2020 -
Author:
Auguste DERYCKX LIENART -
Pages:
3
The group confirmed its good progress over H2. The FY19 figures are perfectly in line with the guidance and our estimates. So good news, but expected. The group did not provide any specific details concerning the impact of COVID-19, but the overall impact should be limited as the guidance is roughly in line with our figures, and the group expects its dividend to grow by 5% per year up to 2022. Positive view confirmed.