E.on Se · XETR:EOAN
E.on — Investor Day (September 2008)
16 slides from E.on's investor day presentation, Sep 1, 2008
Slide 1: E.ON Strategy Update
E.ON Strategy Update Lutz Feldmann Member of E.ON‘s Board of Management, Corporate Development / New Markets Capital Market Day ‘Climate & Renewables, and New Markets‘ Madrid, September 1st, 2008
Slide 2: E.ON has a unique European footprint and has positioned itself in new businesses and markets
E.ON has a unique European footprint and has successfully positioned itself in new businesses and markets E.ON as of May 2007 E.ON in 2008 – unique European footprint US Midwest - US Midwest - Renewables/ Kentucky Kentucky JI CDM Nordic Nordic European gas United European gas supply Kingdom supply U
Slide 3: In May 2007, we specified our strategic direction for value-enhancing development
In May 2007, we specified our strategic direction for our short- and long-term value-enhancing development 2 3 Optimized group Ambitious set-up operational targets 1 4 Active promotion Large investment of EU energy agenda & growth program 6 5 Active portfolio Ambitious management financial targets 3
Slide 4: E.ON has taken further steps in supporting and promoting the EU energy agenda
E.ON has taken further steps in supporting and promoting the EU energy agenda 1 Example climate protection y Construction of industry leading first offshore wind park in deep waters started y 7 E.ON CCS1 pilot projects y Partnership with Areva & Siemens agreed Active on nuclear technology: ‘Generati
Slide 5: We have successfully implemented our optimized group set-up
In order to leverage cross-regional integration value, we have successfully implemented our optimized group set-up 2 New market units y E.ON Climate & Renewables (EC&R) and E.ON Energy Trading (EET) are up and running since January 1st, 2008 Optimized group New E.ON wide units set-up y Center of com
Slide 6: All operational targets are well on track
All operational targets are well on track – May 2007 renewables target even already achieved and extended 3 Renewables y Current capacity 1.8 GW – 1.4 GW already added since May 2007, well beyond 0.5 GW commitment by 2010 y ~4 GW targeted for 2010 and ~10 GW for 2015 Generation Ambitious y Well on t
Slide 7: E.ON is successfully delivering on the growth ambitions outlined in May 2007
E.ON is successfully delivering on the growth ambitions outlined in May 2007 4 Example renewables y Investment program for renewable energies until 2010 doubled to € 6 bn compared to May 2007 Example ‘New Markets’ Successful investment into ‘New markets’: Large Russia y Russia: ~ € 4.6 bn for OGK-4
Slide 8: Active management of capital structure with a target debt factor of ~3x
E.ON is successfully implementing an active management of its capital structure with a target debt factor of ~3x 5 Share buy back y Announced share buy back program of Open 26% € 7 bn to be completed by end of 2008 74% y Shares for € 5.2 bn already bought back Executed Debt factor y Increase of econ
Slide 9: E.ON is committed to active portfolio management
E.ON is committed to active portfolio management 6 E.ON‘s commitment ? y E.ON will continue the process of reviewing its Development Market growth entire asset base to ensure that by 2010 all assets Providing in the portfolio deliver the expected financial/ cash strategic value contribution Competit
Slide 10: Portfolio management is essential for sustainable and value creating development
Portfolio management is essential in order to secure a sustainable and value creating development of E.ON Portfolio review y Business segments to be analyzed from ? Development strategic and financial perspective Market growth y Each potential divestment candidate needs to be thoroughly assessed Pro
Slide 11: E.ON stays committed to create superior value in the short- and long-term
E.ON stays committed to develop its activities in order to create superior value both in the short- and long-term y We have already delivered much of what we promised in May 2007 y We have even extended our successful investment and growth program, in particular in the area of renewable energies & ‘
Slide 12: Our vision: E.ON - the world's leading power and gas company
Our vision: ‘E.ON - the world´s leading power and gas company’
Slide 13: For your notes ...
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Slide 16: Forward-looking statements disclaimer
This presentation may contain forward-looking statements based on current assumptions and forecasts made by E.ON Group management and other information currently available to E.ON. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual