E.ON Q1 Report 2024
- Q1 EBITDA outturn in all segments in line with expectations
- Capex-backed growth and strong execution driving slight year-over- year increase, more than offsetting the unwind of prior year one-off and timing effects
- Investment ramp-up progressing well
- Economic net debt development in Q1 in line with typical seasonality
- Highlighting significant growth conviction for Energy Infrastructure Solutions by creating a standalone segment
- Highlights
- Energy Networks
- Organic RAB growth
- Germany: unwind of 2023 redispatch cost benefit, new regulatory period, higher upstream network costs (pass-through)
- Sweden: new regulatory period, unwind of network loss recoveries
- CEE/SEE: VSE Slovakia at-equity, network loss recoveries
- Energy Infrastructure Solutions
- Changed maintenance schedule, prior year one-off
