Net profit of E. ON in 2009, nearly 7 times the rate in 2008
March 11, 2010 – 9:42 amNet profit of the German electricity group E. On AG in 2009 grew to 8.4 billion euros ($11.4 billion), in 6,6 times higher than in 2008 amounting to 1.28 billion . euro. Such data are contained in press release. Revenues E. ON last year decreased by 5,7% – to 81,82 billion euros against 86.75 billion received year earlier.
Adjusted profit EBIT decreased by 2,3% – to 9,65 billion euros, while the previous year the comparable figure was 9.88 billion euros.
Adjusted companies grew by 1% – to 13,5 billion euros.
experts attribute exceeded projected profits of the concern with the revaluation and sale of derivative assets E.ON. At the same time, weak demand for energy has affected the revenues of the enterprise.
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