EnergyWatch

E.on finally has something to show for its major transition

German energy company E.on is now making a profit on its renewables strategy after several disappointing financial reports.

After years of crimson bottom lines in crimson and sizeable impairments, it now seems that the drastic shift in strategy is paying off for German energy major E.on.

In the first half of 2017, the company booked clear growth on all significant parameters. Revenue for the half-year period came to EUR 19.6 billion which resulted in EBIT of EUR 1.8 billion, with an adjusted net income of EUR 881 million.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs