E.ON SE Sponsored American Depositary Receipt (EONGY)
E.ON expects higher core profit in 2025, raises mid-term outlook
E.ON , Europe's largest operator of energy networks, expects core profit to rise by up to 9% in 2025 and upgraded its mid-term outlook, citing record investments in its power grids.
E.ON: Why This Energy Giant Could Be Your Next Big Investment
E.ON SE, a leading European distribution system operator, is well-positioned to benefit from the energy transition and digitalization trends. The company plans to invest over €8 billion annually by 2028 to expand and modernize its grid infrastructure, ensuring long-term revenue growth. Despite high debt and negative free cash flow, E.ON's stable, regulated income and attractive dividend yield offer solid return potential for investors.
Germany's green hydrogen ramp-up reliant on public money, E.ON says
The development of a green hydrogen market in Germany still depends to a large extent on public spending, utility E.ON said on Friday.
E.ON: Might Get Interesting Enough In The Near Term
E.ON's latest earnings report led analysts to raise long-term targets, now seeing the company as more undervalued with a target above €16/share. Despite decent earnings and maintained guidance, E.ON's valuation and low dividend yield make it a "HOLD" with a price target of €11.5/share. E.ON's focus on networks, retail sales, and renewables, alongside increased CapEx for 2024-2028, positions it well but with limited upside.
E.ON SE (EONGY) Q3 2024 Earnings Call Transcript
E.ON SE (OTCPK:EONGY) Q3 2024 Results Conference Call November 14, 2024 5:00 AM ET Company Participants Björn Siggemann - IR Nadia Jakobi - Chief Financial Officer Conference Call Participants Harry Wyburd - Exane Wanda Serwinowska - UBS Alberto Gandolfi - Goldman Sachs James Brand - Deutsche Bank Pujarini Ghosh - Bernstein Meike Becker - HSBC Piotr Dzieciolowski - Citi Ahmed Farman - Jefferies Rob Pulleyn - Morgan Stanley Ingo Becker - Kepler Cheuvreux Björn Siggemann Hello, everyone, and welcome to our Nine Months '24 Results Call. Thank you for taking the time to join us.
E.ON's UK profit slumps as boost from higher energy bills normalises
Britain's second-largest energy supplier E.ON has reported a slump in profit over the first nine months of the year as benefits from consumer bill hikes wore off. Adjusted pre-tax earnings fell by 30% to €582 million (£484 million) in E.ON's UK energy retail arm, the company reported on Thursday.
E.ON sticks to full-year targets, raises investments by a fifth
E.ON , Europe's largest operator of energy grids, on Thursday stuck to its full-year targets after reporting a 14%drop in nine-month core earnings, citing one-offs in the year-earlier period that were not repeated.
E.ON SE (EONGY) Q2 2024 Earnings Call Transcript
E.ON SE (EONGY) Q2 2024 Earnings Call Transcript
E.ON CEO calls for funding framework for private sector spend on power grids
Private sector investments in Germany's electricity networks must be incentivised by better returns, the chief executive of utility E.ON , Europe's leading operator of energy networks, said on Wednesday.
E.ON confirms 2024 outlook after H1 core profit falls 14%
E.ON , Europe's biggest operator of energy networks, on Wednesday confirmed its 2024 outlook after posting a 14% drop in first-half core profit, adding regulators in Germany should ensure higher returns for much-needed grid investments.
What Makes E.ON (EONGY) a New Buy Stock
E.ON (EONGY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
