Company Verbund AG

Equities

VER

AT0000746409

Electric Utilities

Market Closed - Wiener Boerse 11:35:24 2024-04-24 am EDT 5-day change 1st Jan Change
70.9 EUR +0.57% Intraday chart for Verbund AG +1.43% -15.65%

Business Summary

Verbund AG is Austria's leading producer and supplier of electricity. Net sales break down by activity as follows:

- production and sale of electricity (84.5%): 63.4 TWh sold in 2022 (of which primarily 30.7 TWh in Austria, 27.5 TWh in Germany and 4.4 TWh in France). At the end of 2022, the group had 163 hydraulic plants, 163 wind parks, 4 solar parks and 2 thermal plants;

- electricity transportation (12.7%): operation of a high-voltage electrical network of 6,959 km;

- other (2.8%): consult engineering, consulting, telecommunications and tourism services, etc.

Number of employees: 4,384

Sales per Business

EUR in Million2022Weight2023Weight Delta
Sales
72.8 %
7,813 75.5 % 7,607 72.8 % -2.64%
Grid
22.4 %
2,168 21.0 % 2,340 22.4 % +7.92%
New Renewables
2.4 %
176 1.7 % 247 2.4 % +40.75%
Hydro
2.3 %
122 1.2 % 236 2.3 % +94.00%
All Other
0.2 %
63 0.6 % 16 0.2 % -75.04%
Reconciliation/Consolidation
0.0 %
5 0.0 % 4 0.0 % -17.78%

Sales per region

EUR in Million2022Weight2023Weight Delta
Austria
51.5 %
5,875 56.8 % 5,383 51.5 % -8.36%
Foreign
45.5 %
4,182 40.4 % 4,759 45.5 % +13.79%
Global
2.9 %
289 2.8 % 307 2.9 % +6.15%

Managers

Managers TitleAgeSince
Chief Executive Officer 61 -
Director of Finance/CFO 61 13-12-31
Compliance Officer - -
Director/Board Member 53 16-08-31
Public Communications Contact - -
Corporate Officer/Principal 59 18-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 22-04-24
Chairman 53 19-04-29
Director/Board Member 64 20-06-15
Director/Board Member 51 15-04-21
Director/Board Member 58 13-10-31
Director/Board Member 53 16-08-31
Director/Board Member 58 17-04-04
Director/Board Member 55 20-06-15
Director/Board Member 57 19-04-29
Director/Board Member 44 22-04-24

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 177,182,000 0 0 34.30 %
Stock B 1 170,233,686 119,163,580 ( 70.00 %) 0

Shareholders

NameEquities%Valuation
EVN AG
25.78 %
43,878,601 25.78 % 3 211 M €
City of Vienna
23.75 %
40,431,830 23.75 % 2 958 M €
State of Tirol
10.20 %
17,370,784 10.20 % 1 271 M €
Erste Asset Management GmbH
0.6781 %
1,154,333 0.6781 % 84 M €
Amundi Asset Management SA (Investment Management)
0.4603 %
783,591 0.4603 % 57 M €
Raiffeisen Kapitalanlage-Gesellschaft mbH
0.3352 %
570,539 0.3352 % 42 M €
Pioneer Investments Austria GmbH
0.2434 %
414,375 0.2434 % 30 M €
Nordea Investment Management AB
0.1848 %
314,529 0.1848 % 23 M €
Storebrand Asset Management AS
0.1479 %
251,797 0.1479 % 18 M €
Swedbank Robur Fonder AB
0.1390 %
236,553 0.1390 % 17 M €
NameEquities%Valuation
Yousif Capital Management LLC
0.001561 %
13,290 0.001561 % 194 486 €
NameEquities%Valuation
Government of Austria
100.00 %
177,182,000 100.00 % 12 964 M €
Irish Life Investment Managers Ltd.
0.004442 %
7,870 0.004442 % 575 848 €

Holdings

NameEquities%Valuation
301,296 10.04% 24,404,976 $

Company contact information

VERBUND AG

Am Hof 6a

1010, Vienna

+43 50 313 0

http://www.verbund.com
address Verbund AG(VER)

Group companies

NameCategory and Sector
Oil & Gas Pipelines
Verbund Finanzierungsservice GmbH
Electric Utilities
VERBUND Trading Czech Republic sro
Electric Utilities
Electric Utilities
Electric Utilities
CAS Regenerabile SRL
Electric Utilities

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
13
Last Close Price
70.9 EUR
Average target price
65.34 EUR
Spread / Average Target
-7.84%
Consensus