Verbund: Group Result Increased, Higher Dividend

Businessn.a. ♦ Published: March 6, 2013; 09:54 ♦ (Vindobona)

EBITDA: +15.4% to €1.2bn | Group result: +9.4% to €389m | Recommended dividend: +9% | €0.60 per share.

Verbund: Group Result Increased, Higher Dividend / Picture: © Vindobona.org

The Austrian electricity company presents clearly positive business performance for the 2012 year despite difficult conditions in the energy sector and the overall economy. EBITDA (+15.4%) and Group result (+9.4%) increased significantly. Verbund continues to focus primarily on hydropower and wind power in particular in Austria and Germany, as well as in the modernisation of the…

Fast News Search
ISIN
AT0000746409