German energy firm E.ON forecast on Wednesday largely stable operating earnings for 2019, expecting rising profits at its networks and renewables units to offset a decline in retail, where fierce competition is squashing margins.
div > div.group > p:first-child"> E.ON, which is taking over Innogy's grid and customers businesses as part of an asset swap with Innogy's owner RWE, said adjusted earnings before interest and tax would come in at between 2.9 billion and 3.1 billion euros this year, compared with 3 billion euros in 2018.
E.ON said it was confident of securing regulatory approval for the takeover of Innogy's customer portfolio of 21.73 million, which is subject to further investigation by the European Commission. Speaking to CNBC's Julianna Tatelbaum, Teyssen said the deal is in the interest of the consumers because it will bring more efficiency, better products, and better services.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
5 Best Bluetooth Noise Cancelling Headphones Of 2019Getting a good pair of wireless Bluetooth noise cancelling headphones with a balanced sound and great active features could be worth the investment.
Weiterlesen »
NBA Team Values 2019: Knicks On Top At $4 BillionThe NBA is the hottest sports league in the world right now—with its teams’ revenues and values growing faster than NFL or MLB squads.
Weiterlesen »
The best, affordable places to live in the U.S. in 2019The best, most affordable places to live in the U.S. in 2019: 5. Rochester, Minn. 4. Iowa City, Iowa 3. Madison, Wisc. 2. Raleigh, N.C. Can you guess No. 1?
Weiterlesen »
These 10 retailers have filed for bankruptcy or liquidation in 2019The retail apocalypse has claimed another victim. See the 10 retailers that have filed for bankruptcy or liquidation so far this year.
Weiterlesen »
Check out all the tech startups that have already snagged $1 billion valuations in 2019Last year was a record-setting year for unicorns, with almost 100 companies achieving the $1 billion milestone, and things are not slowing down in 2019.
Weiterlesen »
India’s 2019 elections: What you need to knowNarendra Modi will seek re-election in the world's largest democratic exercise starting on April 11.
Weiterlesen »
Taxes From A To Z 2019: A Is For Alimony
Weiterlesen »
India election 2019: live updatesIt's official. The world's largest exercise in democracy will kick off on April 11 as India heads to the polls. Here's what you need to know:
Weiterlesen »