Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Austria
  4. Wiener Boerse
  5. VERBUND AG
  6. News
  7. Summary
    VER   AT0000746409

VERBUND AG

(VER)
  Report
Delayed Quote. Delayed Wiener Boerse - 06/18 11:35:22 am
75.95 EUR   --.--%
06/08VERBUNDá : Chairman Steps Down
MT
06/08VERBUND AG : Chairman of the Supervisory Board resigns
EQ
05/31VERBUNDá : Completes Acquisition Of 51% Stake In Gas Connect Austria
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Verbund 1Q Earnings Fall; Narrows 2021 View Range

05/12/2021 | 03:48am EDT

By Giulia Petroni

Verbund AG said Wednesday that profit and earnings fell on lower water supply and narrowed the lower end of its full-year forecast range.

The Austrian electricity company posted a quarterly profit of 144.7 million euros ($175.8 million), compared with EUR156.5 million in the previous year.

Earnings before interest, taxes, depreciation and amortization was 8.6% lower on year at EUR302.7 million. Revenue dropped to EUR674.1 million from EUR1.26 billion.

For 2021, Verbund said it expects Ebitda to be at around EUR1.13 billion-EUR1.30 billion from a previous forecast of around EUR1.08 billion and EUR1.30 million. Profit should come between around EUR480 million and EUR590 million from previously EUR450 million and EUR590 million.

It added its planned payout ratio for 2021 is between 45% and 55% of the group's newly forecasted profit after adjustment for non-recurring effects.

At 0918 GMT, shares trade 1.6% higher at EUR71.55.

Write to Giulia Petroni at giulia.petroni@wsj.com

(END) Dow Jones Newswires

05-12-21 0548ET

Stocks mentioned in the article
ChangeLast1st jan.
VERBUND AG 0.00% 75.95 Delayed Quote.8.73%
All news about VERBUND AG
06/08VERBUNDá : Chairman Steps Down
MT
06/08VERBUND AG : Chairman of the Supervisory Board resigns
EQ
05/31VERBUNDá : Completes Acquisition Of 51% Stake In Gas Connect Austria
MT
05/31DGAP-ADHOC : VERBUND AG: Acquisition of 51% stake in Gas Connect Austria GmbH co..
DJ
05/31VERBUND AG : Acquisition of 51% stake in Gas Connect Austria GmbH completed
EQ
05/27VERBUNDá : GE Renewable Energy to Equip VERBUND'S Reisseck II+ Pumped Hydro Stor..
AQ
05/21TODAY'S ANALYST RECOMMENDATIONS : Cisco, easyJet, L Brands, Mattel, Salesforce....
05/12Verbund 1Q Earnings Fall; Narrows 2021 View Range
DJ
05/12VERBUNDá : Investoren Präsentation Quartal 1/2021
PU
05/12VERBUNDá : Investor Presentation Quarter 1/2021
PU
More news
Financials
Sales 2021 3 719 M 4 410 M 4 410 M
Net income 2021 589 M 698 M 698 M
Net Debt 2021 2 478 M 2 938 M 2 938 M
P/E ratio 2021 44,6x
Yield 2021 1,08%
Capitalization 26 386 M 31 282 M 31 292 M
EV / Sales 2021 7,76x
EV / Sales 2022 6,99x
Nbr of Employees 2 949
Free-Float 34,3%
Chart VERBUND AG
Duration : Period :
VERBUND AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VERBUND AG
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 11
Average target price 57,78 €
Last Close Price 75,95 €
Spread / Highest target 5,33%
Spread / Average Target -23,9%
Spread / Lowest Target -53,8%
EPS Revisions
Managers and Directors
NameTitle
Michael Strugl Chairman-Management Board & CEO
Peter F. Kollmann Chief Financial Officer
Martin Ohneberg Chairman-Supervisory Board
Karl Stadler Head-Corporate Governance & Compliance
JŘrgen Roth Independent Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
VERBUND AG8.73%31 282
NEXTERA ENERGY-5.02%143 735
ENEL SPA-2.68%97 043
IBERDROLA, S.A.-8.29%80 550
DUKE ENERGY CORPORATION8.79%76 622
SOUTHERN COMPANY3.13%65 053