E.ON declines comment on media report it will post record annual loss

E.ON declines comment on media report it will post record annual loss
 

German utility E.ON (EONGn.DE) said it would not comment on its expected financial results for 2016 after German paper Handelsblatt reported the company was set to post another record loss this year.
"We are not commenting on the figures," a spokeswoman told Reuters on Wednesday.
Handelsblatt, in a story published on its website on Wednesday and citing unnamed sources at E.ON, said the utility faced additional costs and writedowns that would tip it over 2015's record loss of 7 billion euros ($7.7 billion).
In August E.ON reported a first-half net loss of 3.03 billion euros. It... read more

 
19 October 2016 in Business, Views: 46
Source: Reuters
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