Business - n.a.

Verbund: Warning Concerning Profit

Published: October 28, 2010; 12:37 · (Vindobona)

Despite worsening results, the Verbund Group holds fast to the capital increase. Core shareholders go along.

Verbund: Warning Concerning Profit / Picture: © Verbund AG

Contrary to general expectations, Verbund CEO Wolfgang Anzengruber announced a decline of overall earnings by 25%. This message is considered as surprising, because Verbund share prices have previously recorded continuous gains.

The reason for the drop in profits are once-only effects in financial results. In particular, the French subsidiary Poweo had to be…

This article includes a total of 165 words.

or Log In

Fast News Search

Verbund Group: Capital Increase has Been Determined (October 20, 2010)

Energy - Three offers for Verbund power plants (September 7, 2010)

Verbund calls extraordinary GM to decide on capital increase (September 3, 2010)

Verbund - Fight over capital increase further delayed (August 26, 2010)

Causa ÖBB - Verbund as top priority (August 23, 2010)

Albania - Green light for new power plant of Verbund and EVN (August 20, 2010)

Verbund to expand in Turkey (May 18, 2010)

Turnover, Earnings, EVN, TIWAG Wiener Stadtwerke, Capital Increase, Verbund, Wolfgang Anzengruber, Poweo

Featured

Updated Directory of Foreign Ambassadors in Austria 2019

List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria

See latest Vindobona Newsletter

Join us to succeed in Vienna! Sign up to read articles for free and to get personalized updates on the events that interest you.

Verbund: Warning Concerning Profit

Despite worsening results, the Verbund Group holds fast to the capital increase. Core shareholders go along.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.