HALISTER: EON 2015 Net Loss Exceeds Estimates, Confirms Dividend

EON 2015 Net Loss Exceeds Estimates, Confirms Dividend

(Bloomberg) -- EON sees 2016 underlying net income of EU1.2b-EU1.6b.
  • 2015 rev. EU116b, est. EU112b
  • Ebitda EU7.56b, est. EU7.28b
  • Underlying net income EU1.65b, est. EU1.54b
  • Net loss EU7b, est. loss EU6.4b
  • Confirms unchanged div. proposal of EU0.50/shr
  • Net debt EU27.7b vs EU33.4b
  • Electricity sales vol. 780.9b kWh vs 780.2b kWh
  • Gas sales vol. 1,721.8b kWh vs 1,171b kWh
  • NOTE: co. saw 2015 underlying net income EU1.4b-EU1.8b, Ebitda EU7b-EU7.6b; “substantial” net loss; div. EU0.50/shr
  • Press conference 10am CET
  • Analyst call 12:30pm +44 203 1940561, pin 668712
Statement
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
EOAN GR (E.ON SE)

To de-activate this alert, click here

UUID: 7947283