E.ON reported a strong first half of 2025, with both adjusted Group EBITDA and adjusted Group net income increasing year-over-year. Investments reached €3.2 billion in the first six months, underscoring the company’s role as a driving force in Europe’s energy transition.
Adjusted Group EBITDA rose 13 percent to €5.5 billion (H1 2024: €4.9 billion), fueled by higher investments and improved operating performance. Adjusted Group net income grew 10 percent to €1.9 billion (H1 2024: €1.8 billion). E.ON confirmed its 2025 full-year guidance, projecting adjusted Group EBITDA between €9.6 and €9.8 billion, and adjusted Group net income between €2.85 and €3.05 billion, equivalent to earnings per share of €1.09 to €1.17.
The majority of first-half investments—€2.5 billion—were allocated to the network business, focusing on expansion, modernization, and digitization. As part of a major procurement initiative, E.ON signed long-term agreements with leading European manufacturers to secure future component needs, promote standardization, and support industrial value creation in Europe. A key milestone in digitalization was the introduction of a “digital twin” for E.ON’s 700,000-kilometer German power grid, enabling connection requests to be processed in seconds and accelerating grid expansion.
In Energy Retail, approximately €220 million was invested in line with plans, targeting electric vehicle charging expansion, digital infrastructure for flexibility solutions, and enhanced customer offerings. Energy Infrastructure Solutions invested more than €350 million, mainly to deliver sustainable solutions for B2B customers pursuing decarbonization.
E.ON remains committed to its long-term growth and investment program, with plans to invest €43 billion from 2024 to 2028, including €35 billion in its network business. The company continues to advocate for forward-looking network regulation in Germany to ensure the success of the energy transition.
Speaking about this,Leonhard Birnbaum, CEO of E.ON, said, “E.ON’s ambitious growth strategy places us in a good position. No other company is driving the transformation of Europe’s energy system as we are. We demonstrated this once again in the second quarter, seamlessly continuing our successful start to the year. This performance can’t be taken for granted. It is the result of our employees’ daily hard work and dedication.”
