EVN: long winter driving profits

BusinessEconomy ♦ Published: August 30, 2010; 13:58 ♦ (Vindobona)

The energy supplier earned €204.9m ($261.6) in the first nine months of the current fiscal year, 16.7 percent more than a year ago. The long winter in Austria helped.

EVN: long winter driving profits / Picture: © EVN

The Austrian energy provider EVN achieved a jump in net profit by over 16 percent in the first nine months of fiscal year 2009/10.

For the full year 2009/10, the listed company confirmed its outlook: “We expect “net profits above the level of last year, despite the uncertain economic framework and the high energy price volatility

Long Winter, cheaper electricity

Fast News Search
Read More