Put companies on watchlist
E.ON SE
ISIN: DE000ENAG999
WKN: ENAG99
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

E.ON SE · ISIN: DE000ENAG999 · EQS - adhoc news (27 News)
Country: Germany · Primary market: Germany · EQS NID: 1827561
01 February 2024 05:56PM

Preliminary financial results for the financial year 2023


EQS-Ad-hoc: E.ON SE / Key word(s): Annual Results
E.ON SE: Preliminary financial results for the financial year 2023

01-Feb-2024 / 17:56 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


E.ON SE: Preliminary financial results for the financial year 2023

Essen, 1 February 2024

E.ON expects the following preliminary financial results for the financial year 2023:

  • Adjusted Group EBITDA: EUR 9.4 billion (forecast: EUR 8.6-8.8 billion)
    • Adjusted EBITDA for the Energy Networks segment: EUR 6.6 billion (forecast: EUR 6.3-6.5 billion)
    • Adjusted EBITDA for the Customer Solutions segment: EUR 2.8 billion (forecast: EUR 2.3-2.5 billion)
  • Adjusted Net Income: EUR 3.1 billion (forecast: EUR 2.7-2.9 billion)
  • Adjusted Earnings Per Share: EUR 1.18 (forecast: EUR 1.03-1.11)
  • Cash-effective Investments: EUR 6.4 billion (forecast: ca. EUR 6.1 billion)

The positive development of the Adjusted Group EBITDA and Adjusted Net Income from the first nine months of 2023 continued in the last quarter, exceeding the forecast.

In the Energy Networks segment, financial results were again above expectations in the fourth quarter, primarily due to operating effects in almost all countries. In addition, positive temporary effects in Germany which will be returned to customers in subsequent years and regulatory one-off effects in Slovakia had an impact in the fourth quarter. In the Customer Solutions segment, the guidance included a contingency against possible negative effects (at the end of the year) from a possible deterioration of the energy market environment, which did not materialize.

Investment activity accelerated further at the end of the year, particularly in the network business, due to the expansion of capacities and was slightly higher than guided.

The financial figures are preliminary and have not been verified. The full financial results will be published as planned on 13 March 2024 in the Integrated Annual Report 2023.

Information on the key performance indicators can be found at www.eon.com/key-performance-indicators.

 




Contact:
Dr. Iris Eveleigh
Head of Investor Relations
T +49 170 7688749
iris.eveleigh@eon.com

Lars A. Rosumek
Head of Communications & Political Affairs
T +49 201 184 4240
lars.rosumek@eon.com


End of Inside Information

01-Feb-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: E.ON SE
Brüsseler Platz 1
45131 Essen
Germany
Phone: +49 (0)201-184 00
E-mail: info@eon.com
Internet: www.eon.com
ISIN: DE000ENAG999
WKN: ENAG99
Indices: DAX, EURO STOXX 50
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange
EQS News ID: 1827561

 
End of Announcement EQS News Service

1827561  01-Feb-2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1827561&application_name=news&site_id=boersengefluester_html
Visual performance / price development - E.ON SE
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.