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…