In 2016, revenues decreased by 11% yoy to €38,173m, with the adjusted operating profit and net income decreasing as well, but beating expectations at €3,112m and €904m respectively (-13% and -16% respectively). The dividend proposed for 2016 is €0.21/share, which is in line with forecasts. On a reported basis, the group booked a combined net income loss of €16bn, of which -€8.4bn is attributable to E.On’s shareholder, driven by around €11bn in impairme
15 Mar 2017
Good adjusted results. Balance sheet weakens: capital measures, asset sales, scrip dividends
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Good adjusted results. Balance sheet weakens: capital measures, asset sales, scrip dividends
E.ON SE (EOAN:WBO) | 0 0 1.3% | Mkt Cap: 17,847m
- Published:
15 Mar 2017 -
Author:
Juan Camilo Rodriguez -
Pages:
4
In 2016, revenues decreased by 11% yoy to €38,173m, with the adjusted operating profit and net income decreasing as well, but beating expectations at €3,112m and €904m respectively (-13% and -16% respectively). The dividend proposed for 2016 is €0.21/share, which is in line with forecasts. On a reported basis, the group booked a combined net income loss of €16bn, of which -€8.4bn is attributable to E.On’s shareholder, driven by around €11bn in impairme