E.ON began fiscal year 2026 with an increase in its main financial indicators despite the ongoing geopolitical and energy environment affecting Europe. The company reported that its adjusted EBITDA grew by 2% during the first quarter to reach €3.3 billion, while adjusted net profit increased by 7% to €1.34 billion.
The German energy company highlighted that all its divisions operated as planned, and thanks to this, the company reaffirmed its financial targets for the whole of 2026, keeping its strategic projection intact until 2030.
E.ON’s investments strengthen the European energy transition
During the first quarter, the company allocated 1.4 billion euros to projects of energy infrastructure focused primarily on electricity networks, digitalization and electrification of the European energy system.
Most of the investments were concentrated in the energy networks business with 1.1 billion euros earmarked for the expansion, modernization, and digitalization of infrastructure. The company seeks to respond to the increased electricity demand resulting from the growth of renewable energy and industrial electrification.
The company also maintained investments in electric vehicle charging infrastructure and battery energy storage systems in various European markets. Furthermore, the company recently confirmed the connection of its two millionth renewable energy plant to its distribution networks in Germany.
Energy Infrastructure Solutions leads operational growth
The division Energy Infrastructure Solutions recorded one of the company’s best quarterly performances. Adjusted EBITDA increased by 16% to reach approximately 240 million euros. According to E.ON, this growth was driven by the expansion of the industrial business in Germany and by operational improvements in Scandinavian markets.
Among the notable investments are projects in energy storage and district heating solutions in the Netherlands and Hungary. With this, the German energy company seeks to expand its presence in European markets considered strategic for electrification.
The retail business remains stable
The division Energy Retail recorded an adjusted EBITDA close to 940 million euros, slightly above the same period in 2025. In Germany, the improvement was related to temporary adjustments in portfolio prices and optimization of customer service processes.
However, results in the UK were impacted by the gradual termination of contracts with industrial and commercial customers. Even so, the company highlighted its ability to mitigate the impact of energy fluctuations on consumers amidst the international geopolitical uncertainty.
E.ON maintains its financial forecasts until 2030
The company reiterated its forecasts for the full year 2026 with an estimated adjusted EBITDA of between 9.4 and 9.6 billion euros and an adjusted net profit of between 2.7 and 2.9 billion euros.
E.ON maintains its target of increasing both adjusted EBITDA and adjusted net profit by around 6% annually until 2030. Nadia Jakobi stated that the company will continue investing in “digital, high-performance and future-proof” energy infrastructure, with the aim of sustaining growth and supporting European electrification.
Source: E.ON