E.ON H1 Profit down, Sales up; Reaffirms FY22 Outlook – Quick Facts

(RTTNews) – German power utility E.ON AG (EONGY.PK) reported on Wednesday that its first-half profit attributable to shareholders fell 11% to 2.26 billion euros from 2.55 billion euros. billion euros last year.

Earnings per share amounted to 0.87 euro, against 0.98 euro a year ago.

Adjusted net income was €1.41 billion or €0.54 per share, compared to €1.77 billion or €0.68 per share a year ago.

Adjusted EBITDA amounted to 4.06 billion euros, down 15% compared to the previous year.

Sales amounted to 52.85 billion euros, up 60% from 33.04 billion euros the previous year.

Additionally, E.ON reaffirmed its outlook for fiscal 2022 and continues to expect adjusted EBITDA of €7.6 billion to €7.8 billion and adjusted net income of 2. 3 billion euros to 2.5 billion euros. The latter corresponds to adjusted earnings per share of 88 to 96 cents.

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