Austria: Operative Losses for Verbund

Energy › Utilities ♦ Published: July 31, 2013; 09:21 ♦ (Vindobona)

Quarters 1–2/2013: Verbund improves EBITDA and Group result considerably. In total, the water supply, asset swap and impairments have a favourable impact on results.

Austria: Operative Losses for Verbund / Picture: © Verbund AG

Verbund, Austria’s leading electricity company and one of Europe’s largest producers of hydropower, presents considerably improved results for the first six months of 2013 despite a deterioration of the operating environment in the European energy market. In total, the water supply, asset swap and impairments have a favourable impact on results. EBITDA improved by a total of…

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Verbund, Energy Industry, Earnings
ISIN
AT0000746409
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