Vorarlberger Kraftwerke: Increase in Net Profits despite Sales Decline

Energy › Energy Source ♦ Published: May 2, 2011; 07:49 ♦ (Vindobona)

The regional energy company could raise operating profits by more than 13%. Production remained stable.

Vorarlberger Kraftwerke: Increase in Net Profits despite Sales Decline / Picture: © Vindobona.org

In 2010, Vorarlberger Kraftwerke AG reported operating profits of € 40.3m after € 35.5m in 2009. Sales amounted to € 369.9m, which is a small decrease. Net profits rose by 15.5% from € 26.3m to € 30.4m. The overall tax burden was € 9.9m. Total assets amounted to € 574.03m, investment expenditure of € 30.37m has been made. In 2010, Vorarlberg Kraftwerke AG employed 646…

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