E.ON AG (EOA.XE), the world's largest investor owned utility by market value, Wednesday said it wants to focus on organic growth in coming years after going on a spending spree throughout Europe in 2007.
"One of our main tasks in the immediate future will be to integrate newly acquired companies, leverage synergies and consolidate the group," Chief Executive Wulf Bernotat said according to the text of a speech to be held at the company's annual general meeting in Essen later in the day.