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Slight fall in profits at Wien Energie
The municipal energy supplier achieved in the last fiscal year mostly stable results. Sales remained virtually unchanged.
Slight fall in profits at Wien Energie / Picture: © Wiener Stadtwerke
The past fiscal year 2009/10 brought for Wien Energie a sales increase of 0.3% to € 2.497bn, with unchanged prices. The annual net profit by 9% to € 78.6m, the profit on ordinary activities also fell by 9% and now stands at € 79.7m. The operating result (EBIT) fell by 18.3% to € 60.1m. Improvements were achieved by Wien Energy in financial results (+39.9%) and indebtness (from…
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