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Verbund AG (VERB.VI)

VERB.VI on Vienna Stock Exchange

27.74EUR
22 Jun 2018
Change (% chg)

€0.50 (+1.84%)
Prev Close
€27.24
Open
€27.36
Day's High
€27.74
Day's Low
€27.22
Volume
136,554
Avg. Vol
131,814
52-wk High
€28.72
52-wk Low
€15.79

Latest Key Developments (Source: Significant Developments)

Verbund ‍9-mth EBITDA down 18.1% to EUR 663.5 mln​
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - VERBUND AG ::DGAP-NEWS: VERBUND AG: RESULTS FOR QUARTERS 1-3/2017: EARNINGS DOWN DUE TO LOW WATER SUPPLY AND ABSENCE OF THE POSITIVE NON-RECURRING EFFECTS REPORTED IN PRIOR-YEAR PERIOD. FULL-YEAR EARNINGS FORECAST RAISED MODERATELY..‍CONTINUES TO EXPECT EBITDA OF APPROXIMATELY EUR830M FOR FULL-YEAR 2017​.‍GROUP RESULT FOR 2017 WILL BE APPROXIMATELY EUR320M​.‍9MTH EBITDA DECREASED BY 18.1%, FROM EUR809.7M TO EUR663.5M​.‍9MTH GROUP RESULT 269.5 MILLION EUROS VERSUS EUR 339.9 MILLION YEAR AGO​.‍9MTH REVENUE 2,161.6 MILLION EUROS, UP 1.8%​.  Full Article

UK'S CMA says Verbund concerned regarding ICE Traport deal
Friday, 7 Oct 2016 

UK Competition and Markets Authority: Verbund is very concerned that the acquisition will not offer the same degree of neutrality, in particular if ICE integrates Trayport . Verbund says need for guaranteeing an independent management of Trayport as provider of access and connectivity services .Verbund says need for keeping Trayport as a separate and independent provider for access services to the OTC and exchange markets.  Full Article

Verbund improves earnings outlook
Wednesday, 24 Aug 2016 

Verbund AG : Upcoming resolution of outstanding issues at VERBUND Thermal Power GmbH & Co KG in Liqu. related to gas deliveries for Mellach improves earnings outlook . Parties have agreed not to disclose the terms under which it is planned to resolve the issues . Due to effects of these plans to resolve outstanding issues, Verbund's management is obliged to raise earnings outlook for 2016 . 2016 adjusted group result will remain unchanged at approximately 290 million euros ($327.53 million), as this effect is defined as a one-time measure .Based on average water supply and wind levels in H2, will generate EBITDA of approximately 960 million euros (previous forecast: 840 million euros) and a group result of approximately 370 million euros (previous forecast: 270 million euros).  Full Article

Verbund says all options open on Mellach plant
Thursday, 28 Jul 2016 

Verbund : CFO says write-downs in H1 reached 90 million eur . CFO says Mellach still has book value of 17 million eur . CEO says all options for Mellach plant open, want to decide by year-end Further company coverage: [VERB.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

Voestalpine and Verbund to step up their collaboration in future
Wednesday, 27 Jul 2016 

Voestalpine AG : Voestalpine and Verbund will step up their collaboration in the future with strategic cooperation projects .Project cooperation between Verbund and Voestalpine is planned for an initial period of six years.  Full Article

Dutch energy company Eneco's nomination for CEO angers works council

AMSTERDAM, May 10 A dispute over the planned sale of Dutch energy company Eneco resurfaced on Thursday with the company's works council criticizing the board's nomination of Ruud Sondag, the former executive of a recycling company, as its new CEO.