Eon’s proprietary trading unit lost 49 million euros beforeinterest, tax, depreciation and amortization last year, compared with a loss of61 million euros in 2012, the Dusseldorf-based company said in its earningsreport.
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Eon SE reduced losses from buying and selling energy for its own account in 2013 as it recovered from lower earnings in gas, oil and eastern European power markets a year earlier, Bloomberg News reported.
Eon’s proprietary trading unit lost 49 million euros beforeinterest, tax, depreciation and amortization last year, compared with a loss of61 million euros in 2012, the Dusseldorf-based company said in its earningsreport.
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