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VERBUND AG

VERB.VI

Latest Trade

58.85EUR

Change

-0.15(-0.25%)

Volume

405,968

Today's Range

58.50

 - 

59.95

52 Week Range

28.40

 - 

59.95

As of on the Vienna Stock Exchange - Cash Market ∙ Minimum 15 minute delay

Pricing

Previous Close
59.00
Open
58.80
Volume
405,968
3M AVG Volume
3.71
Today's High
59.95
Today's Low
58.50
52 Week High
59.95
52 Week Low
28.40
Shares Out (MIL)
347.42
Market Cap (MIL)
10,043.79
Forward P/E
35.89
Dividend (Yield %)
1.17

Next Event

Q4 2020 Verbund AG Earnings Release

Latest Developments

More

Verbund Does Not Expect Significant Changes In Power Prices - Conf Call

Verbund 9M EBITDA Up At EUR 989.5 Mln

Verbund Announces Binding Offer To Buy 51% Stake In Gas Connect Austria

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About VERBUND AG

VERBUND AG is an electricity company and a producer of electricity from hydropower in Europe. The Company's segments include Renewable generation, Sales, Grid and All other segments. The Company, through its subsidiaries and partners, covers all sectors of energy supply, from the production and transportation of electricity through international sales and marketing. Renewable generation segment includes hydropower and wind generation technologies. The Sales segment combines all of the Company's trading and sales activities. Austrian Power Grid AG (APG) is the Company's independent grid subsidiary. It operates the supraregional electricity transmission network in Austria. All other segments includes the Energy services, Thermal generation, Services and Equity interests segments.

Industry

Electric Utilities

Contact Info

Am Hof 6a

1010

Austria

+43.null.503130

https://www.verbund.com/

Executive Leadership

Thomas Schmid

Chairman of the Board

Wolfgang Anzengruber

Chairman of the Executive Board, Chief Executive Officer

Michael Strugl

Deputy Chief Executive Officer, Vice Chairman of the Executive Board

Martin Ohneberg

First Vice Chairman of the Board

Elisabeth Engelbrechtsmueller-Strauss

Independent Second Vice Chairman of the Supervisory Board

Key Stats

3.57 mean rating - 14 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2017

2.9K

2018

2.8K

2019

3.9K

2020(E)

3.9K
EPS (EUR)

2017

1.020

2018

0.985

2020(E)

1.650
Price To Earnings (TTM)
35.31
Price To Sales (TTM)
2.68
Price To Book (MRQ)
3.37
Price To Cash Flow (TTM)
9.59
Total Debt To Equity (MRQ)
25.64
LT Debt To Equity (MRQ)
21.33
Return on Investment (TTM)
6.78
Return on Equity (TTM)
5.73

Latest News

Latest News

UPDATE 1-Austrian utility OMV sells gas pipeline unit to Verbund

Austrian utility OMV said on Wednesday it will sell a majority stake in its gas pipeline subsidiary to rival Verbund, a deal that will help OMV reduce debt and finance its acquisition of a leading plastics maker.

Austria's Verbund ready to invest five billion euros in low-carbon projects

Austrian hydropower producer Verbund sees potential to invest 5 billion euros ($5.9 billion) over the next decade in projects that lower carbon emissions but it needs a reliable regulatory framework to do so, its CEO said.

Hydropower producer Verbund H1 profit down 8% due to pandemic, low water levels

Austrian hydropower producer Verbund on Thursday posted an 8% fall in its first-half net profit as wholesale prices fell in the wake of the coronavirus pandemic and water supply was low.

Austria's Verbund bids for OMV's stake in gas pipeline operator

Austrian utility Verbund <VERB.VI> has made a binding offer for OMV's <OMVV.VI> 51% stake in gas pipeline operator Gas Connect Austria, it said on Monday.

Verbund cuts 2020 guidance due to coronavirus effects

Austrian hydropower producer Verbund on Wednesday cut its 2020 profit forecast due to the effects of the coronavirus pandemic and posted a 12% fall in first-quarter profit.

UPDATE 1-Hydropower producer Verbund prepares for falling electricity prices

Austrian hydropower producer Verbund said on Wednesday it expects its profit to grow more slowly this year or even fall due to the coronavirus outbreak after it posted a 28% increase in 2019 thanks to a sharp rise in electricity prices.

Hydropower producer Verbund sees 2020 profit grow more slowly

Austrian hydropower producer Verbund said on Wednesday it expects its profit to grow more slowly this year after posting a 28% increase in 2019, which was boosted by a sharp rise in electricity prices.

Austria's Verbund pulls out of bidding for EDP's hydro assets

Austrian utility Verbund has pulled out of the bidding for EDP-Energia de Portugal's hydro assets, a spokeswoman for Verbund said on Friday.

Carbon pricing inevitable for Austria: Verbund CEO

Austria will have to adopt a carbon pricing system along the lines of what Germany has proposed, the chief executive of state-controlled utility Verbund <VERB.VI> told Reuters.

Austria's Verbund confirms bid for EDP's hydro assets

Verbund <VERB.VI> is bidding for the hydro assets of Portuguese utility EDP <EDP.LS> and made it on the shortlist of final bidders, the Austrian utility said on Monday.

OMV and Verbund to build Austria's largest solar plant

Austria's oil and gas group OMV and utility Verbund have agreed to jointly build a solar plant that will have the capacity to supply 5,500 households with electricity, the companies said on Monday.

OMV and Verbund to build Austria's largest solar plant

Austria's oil and gas group OMV and utility Verbund have agreed to jointly build a solar plant that will have the capacity to supply 5,500 households with electricity, the companies said on Monday.

Austrian industrials take German grid operator to court over power flow curbs

Austrian utility Verbund and heavy energy-consuming industrials have launched anti-competition proceedings in Vienna against German grid operator TenneT TSO, in a bid to restore the German-Austrian power price zone.

BRIEF-Adva Optical Networking: ‍Verbund Deploys Adva Fsp 3000 To Power Renewable Energy Ambitions​

* VERBUND DEPLOYS ADVA FSP 3000 TO POWER RENEWABLE ENERGY AMBITIONS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

UPDATE 1-Verbund pleases investors with 45 pct dividend increase

* Shares gain as much as 11.2 pct (Adds 2018 forecast, debt, share price)

Verbund increases dividend by 45 pct despite drop in core profit

Austrian energy group Verbund said on Wednesday it would propose a 45 percent increase in its dividend for 2017 as it attributed a double-digit drop in last year's core profit to one-off factors.

Exclusive: Dutch energy firm Eneco's shareholders seek sale to rival - sources

The owners of Dutch energy firm Eneco oppose a stock market listing and instead want to pursue a private sale of the company to another industry player in coming months, according to two banking sources close to the matter.

UPDATE 1-Verbund CEO has no plan to sell power grid despite interest

* Also scanning German market for opportunities (Adds comments from CEO, context)

UPDATE 1-Austria's Verbund raises 2017 core profit forecast

Austria's largest energy group Verbund raised its 2017 core profit guidance on Tuesday thanks to an improvement in water supply and better results in its power grid unit.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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