Verbund Increases Operating Result and Group Result

Businessn.a. ♦ Published: July 25, 2012; 15:46 ♦ (Vindobona)

Verbunds´Operating result: +11.9% to € 434.7m Group result: +12.4% to € 198.2m 2012 outlook: operating result of about € 800m, Group result of about € 350m.

Verbund Increases Operating Result and Group Result / Picture: © Vindobona.org

Verbund presents clearly positive business performance for the first six months of 2012 despite an operating environment that remains difficult. It was able to significantly increase its operating result and Group result due to the very good water supply from rivers and higher average sales prices for the electricity volumes sold in the previous year. Verbund continues to invest…