Renewables-focused German utility E.ON said it remains on track to hit its full-year financial forecasts despite a first-quarter dip in sales and profits.
E.ON – which last year completed a historic spin-off of its conventional assets into a new company called Uniper – saw first quarter revenues of €10.5bn ($11.4bn), down 7% on the same period a year ago, and adjusted net profits of €525m, down 20%.
