- E.On’s adjusted EBITDA for the first nine months of 2024 is €6.69 billion, marking a 14% decrease from the previous year.
- Sales have declined by 19% year-on-year, totaling €56.28 billion.
- The adjusted EBIT dropped by 23% compared to the previous year, standing at €4.37 billion.
- Adjusted net income also fell by 24% to €2.21 billion year-on-year.
- The company maintains its full-year forecast for adjusted net income between €2.8 billion and €3 billion, with the midpoint estimate at €2.92 billion.
- Forecast for adjusted EBITDA remains between €8.8 billion and €9 billion, with an estimate of €8.94 billion.
- Approximately 75% of the external financing needs for fiscal year 2024 are covered by green bonds, with additional pre-financing for 2025 being further expanded.
- E.On invested over €4.7 billion in the current year, which is approximately 20% more than the previous year.
- The company plans to invest a total of around €7.2 billion for the entire year 2024.
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A look at E.ON Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores for E.ON, the company’s outlook appears positive in terms of dividend and momentum, with scores of 4 each. This suggests that E.ON is performing well in terms of rewarding its shareholders and has positive momentum in the market. However, the company receives moderate scores in value and growth, with a score of 3 for each. This indicates that there may be potential for improvement in these areas. In terms of resilience, E.ON scores a 2, signaling a relatively lower level of resilience compared to other factors.
E.ON, one of Europe’s major energy infrastructure operators, serves a significant customer base with innovative energy solutions. While the company shows strength in dividend payouts and market momentum, there is room for enhancement in terms of value creation and growth prospects. E.ON’s resilience score suggests a need for attention to bolster its stability in the face of market challenges. By focusing on improving these areas, E.ON can potentially enhance its overall performance and outlook in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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