EON Says Grid Investments Drove First-Quarter Earnings Jump

EON SE’s earnings jumped in the first quarter as the German energy company continues to focus investments on power grids and benefit from the region’s energy transition.

Adjusted earnings before interest, taxes, depreciation and amortization rose by nearly a fifth from a year ago to €3.2 billion ($3.6 billion), largely because of higher investments and an improved operating performance. EON confirmed it still sees full year results in a range of €9.6 billion to €9.8 billion.

WISR AI Systems Inc. (WISR) Stock Price Today - WSJ

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