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E.ON AG Reaffirms FY 2012 Earnings Forecast; Announces FY 2013 Forecast No Longer Achievable; Announces FY 2012 Dividend


Tuesday, 13 Nov 2012 02:43am EST 

E.ON AG announced that, on the basis of its current business portfolio, it continues to expect its full-year 2012 EBITDA to be between EUR 10.4 billion and EUR 11 billion and its underlying net income to be between EUR 4.1 billion and EUR 4.5 billion. E.ON AG also announced that it stands by its plan to pay out a dividend of EUR 1.10 per share for fiscal year 2012. E.ON AG also announced that, considering the substantial economic uncertainties and the structural changes in the energy industry, the Company‚Äôs previous 2013 forecast no longer seems achievable. E.ON AG is therefore reviewing its 2013 forecast and statements regarding 2015 as part of its current planning process. According to I/B/E/S Estimates, the analysts are on average expecting the Company to report for fiscal year 2012 EBITDA of EUR 10.70356 billion and net income of EUR 4.16504 billion. 

Company Quote

13.65
-0.12 -0.87%
15 Aug 2014