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Verbund: Substantial Rise in Net Income Expected

Published: July 24, 2012; 16:38 · (Vindobona)

Tomorrow, the Austrian energy company Verbund will announce ist first quarter results for 2012.

Verbund: Substantial Rise in Net Income Expected / Picture: © Flickr

Analysts of Berenberg Bank, Erste Group and RCB (Raiffeisen Centrobank) anticipate double-digit growth rates regarding Verbund´s operating results. The net income figure should increase significantly. However, revenues are anticipated to decline.

On average, Verbund´s EBITDA is expected to rise by 18.7% to € 599.6m. EBIT is estimated to rise by 16.7% to € 453.6m. Net income…

This article includes a total of 219 words.

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