|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||22.65 - 22.65|
|52 Week Range||21.00 - 22.65|
|Beta (3Y Monthly)||-0.29|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
German energy group Innogy, which is being broken up by parent RWE and rival E.ON, on Tuesday said operating profit fell more than a fifth in the first quarter as it continued to lose customers in Britain. "In the company's UK retail business ... the persistently poor market environment resulted in a decline in customer numbers," Innogy said on Tuesday, keeping its 2019 outlook. In Britain, Innogy lost 103,000 customers in the first three months.
Innogy SE on Tuesday posted a loss for its U.K. unit in the first quarter following an earlier write down of more than 1.5 billion euros ($1.7 billion). The market value of Centrica Plc, which is Britain’s biggest supplier of energy to homes, has slumped by more than a quarter this year, and the utility warned of challenging times ahead. The largest utilities also have lawmakers on their back, and they regularly cite Prime Minister Theresa May’s price cap on tariffs as a reason for deteriorating conditions.
FRANKFURT (Reuters) - Innogy has been approached by third parties about its ailing British unit Npower, for which it is considering all strategic options, its finance chief said on Tuesday, adding the ...