E.ON expects hit from coronavirus pandemic, keeps 2020 outlook
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FRANKFURT (Reuters) - German energy firm E.ON on Tuesday said it was not immune to the impact of the coronavirus pandemic, expecting a hit of up to 99 million euros ($107 million) in 2020 as power consumption falls.The news came as E.ON, Europe's largest operator of energy networks, reported first-quarter adjusted operating earnings jumped by nearly a quarter to 1.46 billion euros, boosted by the takeover of the grid and retail assets of Innogy .The group confirmed its outlook for the current..