E.ON rises after  'solid' Q1 report

E.ON SE

13/05/2026 08:40

** E.ON EONGn.DE rises nearly 4% after its Q1 figures came in ahead of expectations, with a solid balance sheet and growth in its Energy Networks division

** "Solid report showing Energy/growth story remains intact," a local trader says

** Jefferies flags net income 4% ahead of company consensus driven by retail performance supported by higher prices in January

**  "Notably, 1Q26 net income represents c.48% of the FY26 midpoint guidance versus 42% in 1Q25, pointing to a stronger early-year contribution," the brokerage adds

** The company confirmed its guidance for the 2026 financial year and its outlook for 2030

** Jefferies said it expected the focus of a company call would be E.ON's recent acquisition of UK supplier OVO

(Reporting by Bernadette Hogg)

((Bernadette.hogg@thomsonreuters.com))