E.ON to build on stable businesses
- 2016 is the starting point for a far-reaching transformation
- Attractive, low-risk business
- Objective is to make E.ON into a leading company of the distributed, renewable, and digital energy world
- 2016 outlook now reflects new setup: E.ON anticipates EBIT of €2.7 to €3.1 billion and underlying net income of €0.6 to €1 billion
- Focus on enhancing financial strength through cost efficiency, investment discipline, and clear cash-flow orientation
- Target for dividend payout ratio is 40 to 60 percent of underlying net income
“E.ON stands at the beginning of a far-reaching transformation. Some 15 years ago E.ON underwent a metamorphosis, changing from a conglomerate into a pure-play energy company. Now we’re sharpening our business profile even more. …