E.ON : Preliminary results pending the earnings release on 13 March
>Results beat forecasts - E.ON published its preliminary results yesterday after market close. They came in above forecasts and the group's guidance. Only the key performance indicators were published. The main trends were the following: group EBITDA was € 9.4bn beating the guidance for € 8.6-8.8bn and our estimate of € 8.8bn. Attributable net profit was € 3.1bn vs guidance for € 2.7-2.9bn and our estimate of € 2.9bn. EPS was € 1.18 vs guidance for € 1.03-1.11 and our...E.ON is an investor-owned energy company. The Generation global unit consists of all Co.'s existing (fossil and nuclear) generation assets in Europe. The Renewables unit is engaged in managing Co.'s carbonsourcing and renewables businesses. The Global Commodities unit buys and sells electricity, natural gas, liquefied natural gas, oil, coal, freight, biomass, and carbon allowances. The Exploration & Production unit is a active in the focus regions of the North Sea (U.K., Norway), Russia and North Africa. The New Build & Technology unit include Co.'s project-management and engineering operations to support the construction of new power plants and the operation of existing plants.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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