Burgenland Holding AG

BHD

AT0000640552

Electric Utilities

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71 ^EUR	-1.39%		-3.40%	-7.79%

2023	Burgenland Holding Aktiengesellschaft Reports Earnings Results for the Full Year Ended September 30, 2023	CI
2023	Burgenland Holding Aktiengesellschaft Reports Earnings Results for the Half Year Ended March 31, 2023	CI

Burgenland Holding AG: Energie Burgenland AG, in which Burgenland Holding AG holds a 49 percent interest, expects positive one-off effects in the aggregate amount of EUR 24 million for the financial year 2019/20

May 14, 2020 at 01:00 pm EDT

DGAP-Ad-hoc: Burgenland Holding AG / Key word(s): Change in Forecast/Change in Forecast
Burgenland Holding AG: Energie Burgenland AG, in which Burgenland Holding AG holds a 49 percent interest, expects positive one-off effects in the aggregate amount of EUR 24 million for the financial year 2019/20

14-May-2020 / 18:54 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Burgenland Holding AG was informed today by Energie Burgenland AG that it expects extraordinary contributions to its results in the aggregate amount of EUR 24 million for the financial year 2019/20 ending 30. September 2020. These are due to the realization of one-off effects in connection with the termination of the U.S. cross-border lease in the amount of around EUR 20 million as well as the sale of a minority interest in the amount of around EUR 4 million. The financial result of Burgenland Holding AG is affected largely by the financial result of Energie Burgenland AG, in which it holds a 49% interest.

Furthermore, assuming average energy market conditions, an operative business development with usual fluctuations is expected.

Contact:
Burgenland Holding AG
Member of Executive Board

Dr. Klaus Kohlhuber
Technologiezentrum
Marktstraße 3
7000 Eisenstadt
Phone: +43 2236 200-12398
E-Mail: klaus.kohlhuber@evn.at

14-May-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:	English
Company:	Burgenland Holding AG
	Marktstraße 3
	7000 Eisenstadt
	Austria
Phone:	+43 2236 200 24186
Fax:	+43 2236 200 84703
E-mail:	info@buho.at
Internet:	www.buho.at
ISIN:	AT0000640552
WKN:	879095
Listed:	Regulated Unofficial Market in Berlin, Stuttgart; Vienna Stock Exchange (Official Market)
EQS News ID:	1045801


End of Announcement	DGAP News Service

1045801 14-May-2020 CET/CEST

Latest news about Burgenland Holding AG

Burgenland Holding Aktiengesellschaft Reports Earnings Results for the Full Year Ended September 30, 2023	Nov. 15	CI
Burgenland Holding Aktiengesellschaft Reports Earnings Results for the Half Year Ended March 31, 2023	23-05-23	CI
Burgenland Holding Aktiengesellschaft Reports Earnings Results for the Full Year Ended September 30, 2022	22-12-14	CI
Burgenland Holding Aktiengesellschaft Reports Earnings Results for the Half Year Ended March 31, 2022	22-05-23	CI
Burgenland Holding Aktiengesellschaft Reports Earnings Results for the Full Year Ended September 30, 2021	21-11-15	CI
Burgenland Holding Aktiengesellschaft Reports Earnings Results for the Half Year Ended March 31, 2021	21-05-28	CI
Burgenland Holding Aktiengesellschaft Reports Earnings Results for the Full Year Ended September 30, 2020	20-12-02	CI
Burgenland Holding Aktiengesellschaft Reports Earnings Results for the Half Year Ended March 31, 2020	20-05-30	CI
Burgenland Holding Aktiengesellschaft Reports Earnings Results for the Half Year Ended March 31, 2019	19-05-22	CI
Burgenland Holding Aktiengesellschaft Provides Earnings Guidance for 2017	18-02-28	CI
Burgenland Holding Reports Earnings Results for the First Half of Fiscal 2017	17-05-24	CI
Burgenland Holding Reports Earnings Results for the First Quarter of Fiscal 2016; Provides Earnings Guidance for the Fiscal Year 2016	16-02-05	CI
BEGAS Energie AG completed the acquisition of Burgenlandische Elektrizitatswirtschafts AG from Burgenland Holding AG and other sellers.	12-07-05	CI
BEGAS Energie AG agreed to acquire Burgenlandische Elektrizitatswirtschafts AG from Burgenland Holding AG and other sellers.	12-06-21	CI

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Company Profile

Burgenland Holding AG is an Austria-based holding company and primarily focus on Burgenland Energie Group (Burgenland Energie). Burgenland Energie AG is engaged in creating renewable energy from wind and solar energy for Burgenland, Austria and Europe. It generates energy from renewable resources, expand renewable energy sources and operate wind power and photovoltaic systems to use green electricity. The Company's subsidiary BE Energy GmbH main focus is on the energetic use of biomass. The heat converted in heating plants is delivered to customers' homes via district heating pipes. It offer services in the activities relating to the electricity or natural gas network as well as engineering services in the electrical engineering, technical services and solutions, construction and surveying areas. Procurement and the associated logistics, fleet management, the customer telephone are also located here.

Sector

Electric Utilities

Calendar

2024-05-28 - Q2 2024 Earnings Release

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