| Business Summary | | E.ON
AG
is
the
world's
largest
private
energy
service
provider
and
the
world's
premier
specialty
chemicals
group.
The
Company's
operations
are
categorized
as
Energy,
Specialty
Chemicals,
Telecommunications,
Real
Estate,
and
Other
Activities.
E.ON's
energy
companies,
E.ON
Energie
AG
and
VEBA
Oel,
supply
Germany
and
Europe
with
electricity,
heating,
water,
petroleum,
and
natural
gas.
Degusa
AG,
which
constitutes
the
Specialty
Chemicals
segment,
and
in
which
the
Company
holds
a
64%
share,
concentrates
on
six
market
segments:
Food
&
Feed
Additives,
Construction
Chemicals,
Fine
Chemicals
&
Intermediates,
Care
Chemicals,
Coatings
&
Rubber
Additives,
and
Specialty
Polymers.
E.ON
has
telecommunications
interests
in
Germany,
Austria,
Switzerland,
and
Liechtenstein.
E.ON's
Viterra
subsidiary
has
extensive
real-estate
expertise.
The
Company's
other
interests
include
aluminum,
distribution/logistics,
silicon
wafers,
and
packaging. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | E.ON
AG
is
principally
engaged
in
two
core
businesses:
energy
and
specialty
chemicals.
The
Company
is
also
active
in
telecommunications
and
real
estate.
For
the
three
months
ended
3/31/01
(vs.
pro
forma
3/31/00),
net
sales
fell
less
than
1%
to
EUR20.13
billion.
Net
income
before
accounting
change
fell
79%
to
EUR589M.
Revenues
reflect
increased
petroleum
and
electricity
taxes.
Earnings
also
suffered
from
reduced
gains
on
the
sale
of
assets. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Ulrich Hartmann, 62 | Chairman
of Management, Co-CEO | Wilhelm Simson, 62 | Chairman
of Management, Co-CEO | Erhard Schipporeit, 51 | CFO | Manfred Kruper, 59 | Member
of the Board of Management and Group Human Resource Management | Hans Gaul, 58 | Member
of the Board of Management |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|