Bloodbath continues at German utilities as Q3 earnings unveiled

摘要

Nobody expected balance sheets of gold, but the bloodbath continued at German utilities E.ON and RWE on Thursday with third quarter results reports revealing a less than lustrous sight. E.ON - where underlying net income was down 53% to ?1.9 billion ($2.5 billion) for the first nine months of the year - warned that its full year profit would be at the low end of previous forecasts, narrowing the range down to between ?2.2 billion and ?2.6 billion.