E.ON's Earnings Rise as It Spends on European Energy Infrastructure
By Adam Whittaker
E.ON's earnings rose as it expanded and upgraded energy infrastructure across Europe, with the electric utility company betting on growing demand as it raises its investment plan.
The Germany-based electric utility company said adjusted earnings before interest, taxes, depreciation and amortization for 2025 rose 9% to 9.85 billion euros ($11.60 billion). This compares with 9.785 billion euros analysts had expected according to a consensus compiled by the company.
E.ON said the rise reflects the modernization of Europe's energy infrastructure and said continued investment would maintain earnings growth. The company will invest around 48 billion euros from 2026 to 2030, compared with a prior plan of 43 billion euros for 2024 to 2028. This will help drive a rise in adjusted Ebitda to about 13 billion euros by 2030, and an adjusted net income of about 3.8 billion euros, it said.
For 2025, adjusted group net income rose 6% to 3.02 billion euros, compared with 2.99 billion euros analysts had expected.
The company had guided for a group adjusted Ebitda for 2025 of 9.6 billion euros to 9.8 billion euros and an adjusted group net income of 2.85 billion euros to 3.05 billion euros.
The company proposed increasing the dividend to 0.57 euros per share for 2025, up from 0.55 euros in 2024.
Write to Adam Whittaker at adam.whittaker@wsj.com
(END) Dow Jones Newswires
February 25, 2026 01:48 ET (06:48 GMT)
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