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German energy utility giant E.ON on Wednesday reported a rise in first-quarter earnings driven primarily by investment-led growth and operating improvements. Adjusted first-quarter earnings before interest, tax, depreciation and amortization (EBITDA) reached €2.7 billion ($2.9 billion), slightly above the previous year. Adjusted net income roughly matched results from the prior year at €1 billion. The company again underscored its growth strategy and significantly increased its investments year-over-year to further propel the energy transition. E.ON executive Marc Spieker said: "E.ON has gotte...
DPA International
German energy utility giant E.ON on Wednesday reported a rise in first-quarter earnings driven primarily by investment-led growth and operating improvements. Adjusted first-quarter earnings before interest, tax, depreciation and amortization (EBITDA) reached €2.7 billion ($2.9 billion), slightly above the previous year. Adjusted net income roughly matched results from the prior year at €1 billion. The company again underscored its growth strategy and significantly increased its investments year-over-year to further propel the energy transition. E.ON executive Marc Spieker said: "E.ON has gotte...
DPA
German energy utility giant E.ON on Wednesday reported a rise in first-quarter earnings driven primarily by investment-led growth and operating improvements. Adjusted first-quarter earnings before interest, tax, depreciation and amortization (EBITDA) reached €2.7 billion ($2.9 billion), slightly above the previous year. Adjusted net income roughly matched results from the prior year at €1 billion. The company again underscored its growth strategy and significantly increased its investments year-over-year to further propel the energy transition. E.ON executive Marc Spieker said: "E.ON has gotte...
DPA Breaking News
Germany's largest energy supplier, E.ON, plans to invest €42 billion ($46 billion) in the energy transition across Europe starting this year until 2028, with a focus on expanding the electricity grid, the company reported on Wednesday. The previous five-year plan envisaged about €33 billion for the period between 2023 and 2027. The aim is to invest in a secure, competitive and sustainable energy system, the company said. Of the €42 billion, €34 billion is to be channelled into the grid business, with €25 billion earmarked for investment in Germany. "What Europe needs now is an intelligent ener...
DPA International
Germany's largest energy supplier, E.ON, plans to invest €42 billion ($46 billion) in the energy transition across Europe starting this year until 2028, with a focus on expanding the electricity grid, the company reported on Wednesday. The previous five-year plan envisaged about €33 billion for the period between 2023 and 2027. The aim is to invest in a secure, competitive and sustainable energy system, the company said. Of the €42 billion, €34 billion is to be channelled into the grid business, with €25 billion earmarked for investment in Germany. "What Europe needs now is an intelligent ener...
DPA International
Germany's largest energy supplier, E.ON, plans to invest €42 billion ($46 billion) in the energy transition across Europe starting this year until 2028, with a focus on expanding the electricity grid, the company reported on Wednesday. The previous five-year plan envisaged about €33 billion for the period between 2023 and 2027. The aim is to invest in a secure, competitive and sustainable energy system, the company said. Of the €42 billion, €34 billion is to be channelled into the grid business, with €25 billion earmarked for investment in Germany. "What Europe needs now is an intelligent ener...
DPA
Germany's largest energy supplier, E.ON, plans to invest €42 billion ($46 billion) in the energy transition across Europe starting this year until 2028, with a focus on expanding the electricity grid, the company reported on Wednesday. The previous five-year plan envisaged about €33 billion for the period between 2023 and 2027. The aim is to invest in a secure, competitive and sustainable energy system, the company said. Of the €42 billion, €34 billion is to be channelled into the grid business, with €25 billion earmarked for investment in Germany. "What Europe needs now is an intelligent ener...
DPA
Germany's largest energy supplier, E.ON, plans to invest €42 billion ($46 billion) in the energy transition across Europe starting this year until 2028, with a focus on expanding the electricity grid, the company reported on Wednesday. The previous five-year plan envisaged about €33 billion for the period between 2023 and 2027. The aim is to invest in a secure, competitive and sustainable energy system, the company said. Of the €42 billion, €34 billion is to be channelled into the grid business, with €25 billion earmarked for investment in Germany. "What Europe needs now is an intelligent ener...
DPA Breaking News
Germany's largest energy supplier, E.ON, plans to invest €42 billion ($46 billion) in the energy transition across Europe starting this year until 2028, with a focus on expanding the electricity grid, the company reported on Wednesday. The previous five-year plan envisaged about €33 billion for the period between 2023 and 2027. The aim is to invest in a secure, competitive and sustainable energy system, the company said. Of the €42 billion, €34 billion is to be channelled into the grid business, with €25 billion earmarked for investment in Germany. "What Europe needs now is an intelligent ener...
DPA Breaking News
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