FRANKFURT, Germany (AP) — German gas, electric and water utility E.ON says net profit fell 22 percent in the second quarter as it faced weak demand for power in Europe and increased competition from subsidized renewable energy.
Business - Boston.com, Boston Globe: Business
Tue, 08/13/2013 - 12:29am
FRANKFURT, Germany (AP) — German gas, electric and water utility E.ON says net profit fell 22 percent in the second quarter as it faced weak demand for power in Europe and increased competition from subsidized renewable energy.