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MarketScreener Homepage  >  Equities  >  Xetra  >  E.ON SE    EOAN   DE000ENAG999

E.ON SE

(EOAN)
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E ON : SAP to develop platform for networks data

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07/28/2020 | 04:42am EDT
FILE PHOTO: SAP logo at SAP headquarters in Walldorf

E.ON will work with SAP to develop a platform aimed at standardising data of its vast network of gas and power grids.

First outcomes from the collaboration are expected in mid-2022, E.ON said in a statement, adding that cloud solutions would reduce costs by more than 40% in the long-term.

"This project will set a new standard in the market. Having maximum automation and standardization on the new platform will make our processes much more efficient," board member Thomas Koenig said.

(Reporting by Christoph Steitz; Editing by Michelle Martin)

Stocks mentioned in the article
ChangeLast1st jan.
E.ON SE -0.02% 9.39 Delayed Quote.-1.41%
SAP SE -0.37% 134.16 Delayed Quote.11.50%
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Financials
Sales 2020 62 488 M 73 416 M 73 416 M
Net income 2020 1 286 M 1 511 M 1 511 M
Net Debt 2020 33 555 M 39 424 M 39 424 M
P/E ratio 2020 17,5x
Yield 2020 5,04%
Capitalization 24 483 M 28 743 M 28 765 M
EV / Sales 2020 0,93x
EV / Sales 2021 0,91x
Nbr of Employees 80 366
Free-Float 83,7%
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Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 11,09 €
Last Close Price 9,39 €
Spread / Highest target 37,4%
Spread / Average Target 18,1%
Spread / Lowest Target -8,41%
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NameTitle
Johannes Teyssen Chairman-Management Board
Karl-Ludwig Kley Chairman-Supervisory Board
Karsten Wildberger Chief Operating Officer-Commercial
Marc Spieker Chief Financial Officer
Teresa Marie Jäschke Head-Digitization, IT, HR & Diversity
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