E.On has published its Q3 16 results with adjusted operating profit falling 4% yoy to €2.3bn and adjusted net income falling by 8.3% yoy to €641m. Net economic debt (including provisions) is up 10.8% yoy to €23.6bn. On a reported basis, revenue fell 12% yoy to €28.2bn and the consolidated net loss reached -€9.3bn, of which -€3.95bn for E.On’s shareholders and -€5.35bn for minority interests (mainly attributed to Uniper). The group confirmed its full-ye
09 Nov 2016
Uniper depreciation and nuclear provisions put pressure on E.On’s capital levels
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Uniper depreciation and nuclear provisions put pressure on E.On’s capital levels
E.ON SE (EOAN:WBO) | 0 0 1.3% | Mkt Cap: 17,847m
- Published:
09 Nov 2016 -
Author:
Juan Camilo Rodriguez -
Pages:
3
E.On has published its Q3 16 results with adjusted operating profit falling 4% yoy to €2.3bn and adjusted net income falling by 8.3% yoy to €641m. Net economic debt (including provisions) is up 10.8% yoy to €23.6bn. On a reported basis, revenue fell 12% yoy to €28.2bn and the consolidated net loss reached -€9.3bn, of which -€3.95bn for E.On’s shareholders and -€5.35bn for minority interests (mainly attributed to Uniper). The group confirmed its full-ye