FRANKFURT (Reuters) -E.ON, Europe’s largest operator of energy networks, on Wednesday said its investments rose 8% in the first nine months of the year, helping the group post a 10% rise in core profit in the period.
“Our strategy of investing massively to modernize and digitalize energy infrastructure is paying off,” the company’s finance chief, Nadia Jakobi, said in a statement.
“We continue to grow, and our role as the playmaker of the energy transition enables us to make a decisive contribution to the sustainable transformation of Europe’s energy system.”
The company also confirmed its outlook for 2025, still expecting adjusted earnings before interest, tax, depreciation and amortisation of 9.6 billion euros to 9.8 billion euros ($11.2 billion to $11.4 billion).
($1 = 0.8575 euros)
(Reporting by Christoph Steitz, Editing by Miranda Murray)
