E.ON SE (ENAKF.PK)
22 Jun 2016
Fri, Jun 24 2016
FRANKFURT, June 24 German utility E.ON on Friday said the decision by British voters to leave the European Union was manageable for the company because its business in Britain was regional.
FRANKFURT, June 2 German utility E.ON's Uniper unit said on Thursday it has secured a 5 billion-euro ($5.6 billion) financing line from three big banks, a move it says shows market confidence in its future after its planned spin-off later this year.
* Govt wants to ensure utilities liable for nuclear shutdown costs
FRANKFURT Hedge fund Knight Vinke has called for more asset sales at Germany's largest utility E.ON in a letter to the fund's own investors.
FRANKFURT, May 19 Hedge fund Knight Vinke has called for more asset sales at Germany's largest utility E.ON in a letter to the fund's own investors.
FRANKFURT, May 11 German utility E.ON has made forward sales of its central European power production at above-market prices for most of the next two years, but it faces power generation losses once the contracts expire, slides showed on Wednesday.
FRANKFURT, May 11 E.ON, Germany's largest utility, reported an eight percent rise in first-quarter core earnings on Wednesday, citing a one-off price-cutting deal for gas purchases and saying the split-up of the group remained top of the agenda.
* Expects credit rating decisions in coming days (Adds CFO comments about competition and M&A)
FRANKFURT Uniper, the power plant and energy trading business being spun off by Germany's biggest utility E.ON , on Thursday promised cost cuts, asset sales and a dividend in its battle to keep investors onboard despite faltering markets.
FRANKFURT E.ON expects its operating profit to rise next year, Chief Financial Officer Michael Sen told analysts on Tuesday, pointing to a large contribution from the group's renewable operations.
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