Standard & Poor‘s
(A/A-1, "stabiler Ausblick")
- "The ratings on Germany-based utility E.ON AG factor in that the company will releverage its balance sheet through increased organic investment, a share buyback, and acquisition expenditure. Specifically, the ratings incorporate the assumption that the company's funds from operations (FFO) to net adjusted debt will remain above 20% and at levels commensurate with an 'A' rating."
- "The principal driver of E.ON's profitability is its achieved power price and power generation margin. In liberalized markets, power prices are inherently volatile, which presents important trading and profit opportunities for powerful, diversified, well informed companies such as E.ON."
- "The stable outlook reflects the company's continued strong financial flexibility."
Standard & Poor’s, August 2007
