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E.ON AG (ETR: EOAN) Climbs on Results
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Market Update
Posted on 11/11/09 at 10:40am by BenzingaStaff3
E.ON AG (ETR: EOAN) today announced its third quarter net profit of 1.79 billion euros as compared to 100 million euros last year. E.ON AG sales declined to 16.74 billion euros as compared to 19.25 billion euros, while analysts expected EOAN to report revenues of 17.29 billion euro.
E.ON AG (ETR: EOAN) also provided outlook for fiscal 2009 and expects adj. EBIT to remain same as it was last year but expects net income to fall by around 3% to 5%.
E.ON AG (ETR: EOAN) gained 1.45% at $27.32 today.
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