Earnings before interest, taxes, depreciation and amortisation (Ebitda) jumped 20% to €569m ($783m) in the first quarter from a year earlier. Excluding hydro, the rise at renewables was even greater, to €329m in the first quarter from €224m a year ago.
“E.ON is staying on course in difficult times. We’re reducing our debt and costs, without neglecting investments in our future,” chief financial officer Klaus Schäfer says.
The
