Stable Results at EVN

Businessn.a. ♦ Published: May 31, 2012; 09:22 ♦ (Vindobona)

The Austrian energy supplier reports stable revenues and earnings in the first quarter of 2012. Net income soared by 13.6%.

Stable Results at EVN / Picture: ©

In the first half-year of 2011/12 (October 1st, 2011 – March 31st, 2012), € opean spot market prices for base load and peak load electricity were below the prior-year level, in spite of the ongoing high level of primary energy prices. This is mainly attributable to the higher contribution of renewable energy sources in the overall electricity generation mix. In contrast, the valid…