EVN with Slightly Better Results after Nine Months

Energy › Utilities ♦ Published: August 25, 2011; 11:58 ♦ (Vindobona)

The Austrian energy company recorded a marginal drop in revenue. Group net profit amounted to € 207.2m, up 1.2% from the prior-year.

EVN with Slightly Better Results after Nine Months / Picture: © Vindobona.org

In the first three quarters of 2010/11, EVN generated total revenue of € 2,163.6m, a drop of 0.9% from the comparable period of 2009/10. On the one hand, the positive effect of higher energy sales based on a colder winter compared to the long-term average along with the network tariff increases for gas in Austria were in contrast to the changed reporting of revenue in Bulgaria. On the…

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Lower Austria, Earnings, Electronics Industry, Energy Industry, EVN, Verbund
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