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E.ON sales increased

Christian Fernsby ▼ | May 12, 2020
The E.ON Group’s first quarter sales increased from €9.1 billion in the prior-year period to €17.7 billion.
E.ON
E.ON   Sales increased to €17.7 billion
Sales of €4.7 billion at the Energy Networks segment surpassed the prior-year figure by €2.2 billion.

Topics: E.ON

This is principally attributable to the inclusion of innogy’s operations, particularly in Germany.

The Customer Solutions segment grew sales by €7.5 billion to roughly €14.4 billion.

This increase likewise largely reflects the inclusion of innogy, particularly in Germany, Britain, the Netherlands, and Belgium.

Energy Networks’ adjusted EBIT of about €1.1 billion was €0.4 billion above the prior-year level, principally because of the inclusion of innogy’s operations, particularly in Germany.

Customer Solutions’ adjusted EBIT increased by €75 million year on year to €300 million.

Nearly all of the innogy businesses that are now included contributed, principally in Germany, the Netherlands, and Belgium.


 

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