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FX Daily Updates
E.ON sticks to full-year targets, raises investments by a fifth
georgemiller
Publish Date: Thu, 14 Nov 2024, 06:16 AM

FRANKFURT, Nov 14 (Reuters) - E.ON (EONGn.DE) , opens new tab, Europe's largest operator of energy grids, on Thursday stuck to its full-year targets after reporting a 14%drop in nine-month core earnings, citing one-offs in the year-earlier period that were not repeated.
Investments in the period were up a fifth at more than 4.7 billion euros ($4.95 billion), the company said, adding adjusted core profit (EBITDA) was still seen at 8.8 billion to 9.0 billion euros in 2024.
($1 = 0.9489 euros)
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https://www.reuters.com/business/energy/eon-sticks-full-year-targets-raises-investments-by-fifth-2024-11-14/