DGAP-Adhoc: E.ON SE: New earnings and growth targets until 2026
DGAP-Ad-hoc: E.ON SE / Key word(s): Capital Markets Day
E.ON SE: New earnings and growth targets until 2026
22-Nov-2021 / 18:01 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
PUBLICATION OF INSIDE INFORMATION ACCORDING TO ART. 17 EU MARKET ABUSE REGULATION (MAR)
New earnings and growth targets until 2026
Essen, November 22, 2021 - The Board of Management of E.ON SE, with the approval of the Supervisory Board, has, in the context of the resolution on the new E.ON strategy, adopted new financial earnings and growth targets for its core business (Energy Networks, Customer Solutions and Corporate Functions) until 2026:
For the year 2026 an adjusted EBITDA target of approximately EUR 7.8 Billion (compound annual growth rate (CAGR) of about 4% 2021 to 2026) and an EPS target (adjusted earnings per share) of about EUR 0.90 (compound annual growth rate (CAGR) of 8-10% 2021 to 2026) has been defined for the core businesses. Additionally, the Board of Management has resolved a total investment volume for the years 2022 to 2026 of in total approximately EUR 27 Billion for the core businesses. The current dividend policy with an annual growth rate of up to 5% will be extended until 2026. For the financial year 2021, the dividend is foreseen to amount to EUR 0.49 per share. The Board of Management confirms the target rating of a strong BBB/Baa. More information regarding the new financial management KPIs can be found under www.eon.com/key-performance-indicators.
Contact:
Verena Nicolaus-Kronenberg
Head of Investor Relations
M +49 152 09331400
verena.nicolaus-kronenberg@eon.com
Lars A. Rosumek
Head of Communications & Political Affairs
T +49 201 184 4240
lars.rosumek@eon.com
E.ON SE
Brüsseler Platz 1
45131 Essen
Germany
ISIN: DE000ENAG999
SECURITY IDENTIFICATION NUMBER (WKN): ENAG99
Indices: DAX, EURO STOXX 50
Stock Exchanges: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange
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