Business - Economy

Austria: Rise in Profits to be Expected for Verbund

Published: March 5, 2013; 18:51 · (Vindobona)

Specialists predict a plus in profits while revenues receded by approx. 17 %.

Austria: Rise in Profits to be Expected for Verbund / Picture: © Verbund AG

Analysts of Erste Group, RCB and Warburg Research are expecting a positive outcome in profits for the energy company Verbund for the previous year. Official statements concerning annual resuls will be made tomorrow, Wednesday, March 6. An approximate turnover of € 3.22 bn is expected after 2011’s revenue of € 3.86 bn. This would make a decrease of 17 %. The operative result (EBIT)…

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Austria: Rise in Profits to be Expected for Verbund

Specialists predict a plus in profits while revenues receded by approx. 17 %.

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