Energy: Eon slightly increases earnings and sticks to investment plans
According to the recently announced austerity program, the group wants to continue investing in networks. This is helped by slightly increasing surpluses in the third quarter.
Eon is sticking to its investment plans, despite seeing a significantly increasing need for investment in energy infrastructure. The company's finance chief, Nadia Jakobi, emphasized the need for reliable regulatory conditions that are comparable internationally. In the first nine months, Eon invested around 5.2 billion euros, a similar amount to the previous year. The company's adjusted EBITDA was almost 5.1 billion euros, and its adjusted net profit rose by 4 percent to 2.2 billion euros.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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