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4-Traders Homepage  >  Equities  >  Xetra  >  E.ON SE    EOAN   DE000ENAG999


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E.ON AG : Explosives Found in Truck Entering Swedish Nuclear Power Site

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06/21/2012 | 07:55am CET
   By Dominic Chopping 

STOCKHOLM--Swedish state-owned utility Vattenfall AB said late Wednesday that it has found suspected explosives in a truck that was trying to enter its Ringhals nuclear power facility in south west Sweden.

In a statement, the company said staff found the suspect material when carrying out normal security checks, with a sniffer dog confirming the vehicle was carrying explosives.

Police are present at the scene and the Swedish Radiation Safety Authority have raised the level of protection at the site as a precaution, though the company stressed that the discovered object could not have caused any serious harm.

Swedish police bomb technicians also said there is no risk of an explosion as there was no ignition device present. "The assessment is that the situation is under control," said police spokesman Lars Grimbeck.

Other nuclear stations in the country have raised their security level.

No injuries have been reported and police patrols have been stepped up at the site.

Ringhals nuclear power plant is the largest power plant in Scandinavia and its four reactors produce about 20% of all electricity in Sweden. It is owned by Vattenfall and the Swedish arm of Germany's E.ON (EOAN.XE).

-Write to Dominic Chopping at dominic.chopping@dowjones.com

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Financials (€)
Sales 2016 39 520 M
EBIT 2016 3 033 M
Net income 2016 -2 261 M
Debt 2016 10 636 M
Yield 2016 3,06%
P/E ratio 2016 -
P/E ratio 2017 12,98
EV / Sales 2016 0,60x
EV / Sales 2017 0,65x
Capitalization 12 970 M
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Mean consensus HOLD
Number of Analysts 30
Average target price 7,34 €
Spread / Average Target 13%
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Johannes Teyssen Chief Executive Officer
Karl-Ludwig Kley Chairman-Supervisory Board
Michael Sen Chief Financial Officer
Ulrich Lehner Deputy Chairman-Supervisory Board
Karen Maria Alida de Segundo Member-Supervisory Board
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