Spinoff in schedule

  • German nuclear power remains with E.ON
  • Impairment charges in the higher single-digit billion euro range
    expected in the third quarter
  • Outlook for full year 2015 reaffirmed

Today the E.ON unanimously approved the management's proposal for the German nuclear business and related activities to remain at the future E.ON.

This does not affect the new corporate strategy and E.ON is planning to
spin off a majority of Uniper with its businesses power generation in and
outside Europe and global energy trading in 2016 to its shareholders. E.ON
will focus on renewables, energy networks and customer solutions. E.ON has ceased to view its nuclear power business as a strategic asset

E.ON expects to record impairment charges in the higher single-digit
billion euro range in the current quarter. This mainly reflects updated
assumptions regarding persistently low wholesale prices for electricity and
other commodities as well as the insufficient policy and regulatory
environment and its impact on profitability. The non-cash effective
impairment charges will result in E.ON reporting substantial negative net
income for the 2015 financial year.

E.ON reaffirms its outlook for full-year 2015 (EBITDA of between EUR7.0 and EUR7.6 billion and underlying net income of between EUR1.4 and EUR1.8 billion).

E.ON
E.ON-Platz 1
40479 Düsseldorf
Germany

ISIN: DE000ENAG999
WKN: ENAG99
Indices: , EURO STOXX 50
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime Standard), Hamburg, Hannover, München, Stuttgart; Terminbörse EUREX; Mailand

- End of ad-hoc-announcement - 9. September 2015

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