You are here

EON's Russian slump bodes ill for fossil fuel spin-off

Tuesday, August 11, 2015 - 05:50

Dusseldorf

EON SE's Russian operations are hurting profit at Germany's largest utility, a sign of future pain for its fossil fuel spin-off Uniper that's set to take control of the eastern assets.

First-half earnings before interest, taxes, depreciation and amortisation (Ebitda)