logo
  

E.ON Sets New Targets For Growth, Earnings

E.ON AG (EONGY.PK) on Tuesday announced new financial earnings and growth targets for its core businesses including Energy Networks, Customer Solutions and Corporate Functions, until 2026.

For the year 2026, the company expects adjusted EBITDA to be about 7.8 billion euros and EPS to be nearly 0.90 euros for its core businesses.

Additionally, the company said, "the Board of Management has resolved a total investment volume for the years 2022 to 2026 of in total approximately EUR 27 Billion for the core businesses."

The company's current dividend policy with an annual growth rate of up to 5% will be extended until 2026, E.ON added.

For the financial year 2021, the company expects to pay dividend of 0.49 euros per share.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Home improvement company Lowe's and pet retailer Petco Health and Wellness Co. are set to launch a pilot store-in-store program whereby a total home solution will be offered to customers by bringing home improvement as well as pet care products, services and expertise together under the same roof. Chevron Corporation (CVX) reported fourth quarter profit of $5.1 billion or $2.63 per share, compared to a loss of $665 million or $0.33 per share, previous year. The company's U.S. upstream operations earned $2.97 billion, compared to $101 million, a year ago. The company said the improvement was primarily... While reporting financial results for the fourth quarter on Friday, Colgate-Palmolive Co. (CL) initiated its earnings and sales growth guidance for the full-year 2022. For fiscal 2022, the company now expects earnings per share to grow in double-digit percentage and adjusted earnings per share growth...
Follow RTT