History   

Our programme designed to improve efficiency is on schedule. It includes measures to reduce costs and increase revenue, which should gradually improve our annual earnings by € 1.2 billion by the end of 2012. One of the points of focus is to enhance the performance of our German electricity and gas grid business. The aim is to at least partially compensate for the effect of the tariff cuts mandated by the network regulator. Further savings are to be achieved through improvements in IT services and purchasing as well as the pooling of back-office functions. Moreover, we plan to increase revenue by taking extensive measures to improve the technical availability of our power plants, among other things. As in 2007, we will generate an additional earnings contribution of € 100 million with the programme this year.


 

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