E.ON released a good set of 9M results. EBIT was up 11%, supported by strong growth in the renewables business as well as positive trading developments in the customer solutions division in Q3, although this likely to reverse in Q4. The group confirmed its FY18 objectives. We stick with our current Add recommendation.
14 Nov 2018
Strong 9M results on higher renewables capacity, robust retail
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Strong 9M results on higher renewables capacity, robust retail
E.ON SE (EOAN:WBO) | 0 0 1.3% | Mkt Cap: 17,847m
- Published:
14 Nov 2018 -
Author:
Edouard Enault -
Pages:
3
E.ON released a good set of 9M results. EBIT was up 11%, supported by strong growth in the renewables business as well as positive trading developments in the customer solutions division in Q3, although this likely to reverse in Q4. The group confirmed its FY18 objectives. We stick with our current Add recommendation.