Energy utility company E.ON SE saw its adjusted net income surge 58% to €1.43 billion in fiscal year 2017 from €904 million in the prior period.
The company attributed the increase to lower interest accretion of nuclear provisions and a decrease in its tax rate to 26% in 2017 against 29% in 2016.
Net income attributable to shareholders of the company jumped 146% to €3.93 billion for fiscal year 2017 from a loss of €8.45 billion a year earlier.
Sales were down 1% to €37.97 billion from €38.17 billion previously.
