E.ON’s transformation making progress
E.ON’s first-quarter results were in line with expectations. EBITDA increased from €2.8 billion to €3.1 billion. Underlying net income also rose by €300 million to €1.3 billion. The earnings improvement is attributable to a nonrecurring positive effect resulting from the agreement with Gazprom to adjust the terms of long-term gas supply contracts. Without this effect, […]


