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Verbund: Result Decreased Significantly by 40.3 %

Published: May 2, 2013; 09:29 · (Vindobona)

Negative Earning Trend for Quarter 1/2013 in a difficult energy and general economic environment.

Verbund: Result Decreased Significantly by 40.3 % / Picture: © Verbund AG

The operating business was positively impacted in quarter 1/2013 by a good water supply. The run-of-river power plants’ hydro coefficient of 1.20 was 20.0% above the long-term average and 1 percentage point above the previous year’s figure. Generation from the annual storage power plants increased considerably (+8.8%). Thus, generation from hydropower increased by 3.5%. In contrast,…

This article includes a total of 245 words.

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