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Legal Proceedings Report • Dec 28, 2017
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Legal Proceedings Report
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Ad-hoc | 28 December 2017 21:36
E.ON SE: PreussenElektra wins against Electrabel before a court of arbitration
E.ON SE / Key word(s): Legal Matter
E.ON SE: PreussenElektra wins against Electrabel before a court of arbitration
28-Dec-2017 / 21:36 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
An international court of arbitration decided almost entirely in favor of PreussenElektra GmbH, an E.ON subsidiary, based on legal actions between PreussenElektra and Electrabel S.A., Belgium, regarding payment obligations resulting from mutual electricity supply agreements concluded in 2009. PreussenElektra was not obliged to pay the Belgian nuclear tax in the amount of EUR 321 million.
The ruling will have a positive effect on consolidated net income, cashflow as well as economic net debt of E.ON SE. Given that this concerns an extraordinary non-operative subject, the performance indicators adjusted EBIT and adjusted net income will largely not be affected. Further information on the performance indicators adjusted EBIT and adjusted net income can be found in the latest annual report of E.ON SE.
Contact:
Alexander Karnick
Head of Investor Relations
T +49 201 184 2838
Barbara Schädler
Senior Vice President
Communications & Political Affairs
T +49 201 184 4240
28-Dec-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | E.ON SE |
| Brüsseler Platz 1 | |
| 45131 Essen | |
| Germany | |
| Phone: | +49 (0)201-184 00 |
| E-mail: | [email protected] |
| Internet: | www.eon.com |
| ISIN: | DE000ENAG999 |
| WKN: | ENAG99 |
| Indices: | DAX, EURO STOXX 50 |
| Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange |
| End of Announcement | DGAP News Service |