E. ON AG (ETR: EOAN) is losing value due to poor earnings

E. ON semiannual profit decreased to $ 4.27 billion

In brief: E. ON AG (ETR: EOAN) shares continue to fall against a background of poor financial reporting.

E. ON AG (ETR: EOAN) is in the red zone. E. ON AG shares close to a mark of 23.39 points, losing -0.26% in the first half of the trading session.

German utility company E. ON announced the fall of the adjusted net profit for the first half with 3.3 billion euros a year earlier to 3.26 billion euros ($ 4.27 billion). Analysts on average expected profit increase to 3.31 billion euros. The company said that the deterioration of the results is attributable to higher interest payments, as well as an increase in taxes.

Anrey Torbinski
2010-08-11 09:24, Economics.

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One comment к “E. ON AG (ETR: EOAN) is losing value due to poor earnings”

  1. Forrest Gump Says:

    Good luck rooming with Madoff and the fudge packers

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