E.ON: confident in annual targets
(CercleFinance.com) - On its trading update, E.
ON said it now expects to finish 2023 at the high end of its annual target ranges for adjusted net income (E2.3 - 2.5 billion), with adjusted EBITDA (E7.8 to 8 billion).
The German energy group announced a solid operating performance for the first three months of the year, with EBITDA of around E2.7bn, up E627m from the same period a year earlier.
E.ON says that this growth is the result of investment-driven growth, the recovery of the energy market environment, as well as the effects of the recovery in the energy networks business.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
ON said it now expects to finish 2023 at the high end of its annual target ranges for adjusted net income (E2.3 - 2.5 billion), with adjusted EBITDA (E7.8 to 8 billion).
The German energy group announced a solid operating performance for the first three months of the year, with EBITDA of around E2.7bn, up E627m from the same period a year earlier.
E.ON says that this growth is the result of investment-driven growth, the recovery of the energy market environment, as well as the effects of the recovery in the energy networks business.
Copyright (c) 2023 CercleFinance.com. All rights reserved.