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Verbund: Expected Improvement in Earnings for 2011

Published: April 14, 2011; 07:18 · (Vindobona)

Wolfgang Anzengruber, CEO of the Austrian energy group Verbund, foresees growth in earnings and a stable result for 2011

Verbund: Expected Improvement in Earnings for 2011 / Picture: © Verbund AG

On occasion of the General Assembly of Verbund, Anzengruber says that a "stable result with a slight improvement in net profit and operating profit" can be achieved in 2011. The effects of the disaster in Japan cannot be estimated currently, the market environment has however developed well this year. Whether the increased electricity prices are sustainable, can not be answered for…

This article includes a total of 234 words.

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