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Verbund AG (VERB.VI)

VERB.VI on Vienna Stock Exchange

49.88EUR
21 Jul 2019
Change (% chg)

€0.70 (+1.42%)
Prev Close
€49.18
Open
€48.98
Day's High
€49.88
Day's Low
€48.98
Volume
131,256
Avg. Vol
194,227
52-wk High
€49.88
52-wk Low
€32.00

Latest Key Developments (Source: Significant Developments)

Verbund Q1 EBITDA Increased By 28.9 Pct To EUR 348.0 Mln
Wednesday, 8 May 2019 01:59am EDT 

May 8 (Reuters) - Verbund AG ::DGAP-NEWS: VERBUND AG: RESULTS FOR QUARTER 1/2019: VERY POSITIVE BUSINESS PERFORMANCE DUE TO GOOD WATER SUPPLY AND HIGHER SALES PRICES.QUARTERLY EBITDA ROSE 28.9 PERCENT TO 348 MILLION EUR.EBITDA INCREASED BY 28.9% TO EUR348.0M IN QUARTER 1/2019.Q1 GROUP RESULT WAS UP 46.5% ON PREVIOUS YEAR'S FIGURE TO EUR178.1M.OUTLOOK 2019: EBITDA OF BETWEEN APPROXIMATELY EUR1,100M AND EUR1,200M.OUTLOOK 2019: GROUP RESULT OF BETWEEN APPROXIMATELY EUR470M AND EUR540M.PLANNING A DIVIDEND PAYOUT RATIO OF BETWEEN 40% AND 45% OF GROUP RESULT FOR FINANCIAL YEAR 2019.  Full Article

Verbund Says FY EBITDA Fell By 6.3% To EUR 864.2 Mln
Wednesday, 13 Mar 2019 02:59am EDT 

March 13 (Reuters) - Verbund AG ::DIVIDEND 0.42 EURPER SHARE.FY EBITDA FELL BY 6.3% YEAR-ON-YEAR TO EUR864.2M.OUTLOOK 2019: EXPECTS EBITDA OF APPROXIMATELY EUR1,050M TO EUR1,200M.GROUP RESULT OF APPROXIMATELY EUR440M TO EUR540M FOR FINANCIAL YEAR 2019.FY GROUP RESULT INCREASED BY 43.7% TO EUR433.2M.FOR 2019, IS PLANNING A PAYOUT RATIO OF 40% TO 45% OF GROUP RESULT OF APPROXIMATELY EUR440M TO EUR540M AFTER ADJUSTMENT FOR NON-RECURRING EFFECTS.FY REVENUE EUR 2.85 BILLION, DOWN 2.2%.  Full Article

Verbund: Chairman Of Supervisory Board Resigns
Wednesday, 13 Feb 2019 11:58am EST 

Feb 13 (Reuters) - VERBUND AG ::CHAIRMAN OF THE SUPERVISORY BOARD RESIGNS.CHAIRMAN OF SUPERVISORY BOARD GERHARD ROISS ANNOUNCED THAT HE WILL NO LONGER BE MEMBER OF SUPERVISORY BOARD AFTER AGM 2019.  Full Article

Verbund Raises Earnings Forecast For 2018 Due To Positive Non-Recurring Effects
Wednesday, 16 Jan 2019 05:35am EST 

Jan 16 (Reuters) - VERBUND AG ::RAISES EARNINGS FORECAST FOR 2018 DUE TO POSITIVE NON-RECURRING EFFECTS.NOW EXPECTS A GROUP RESULT OF APPROXIMATELY EUR430 MILLION FOR FINANCIAL YEAR 2018.PLANS 2018 DIVIDEND PAYOUT RATIO OF BETWEEN 40% AND 45% OF GROUP RESULT AFTER ADJUSTING FOR NON-RECURRING EFFECTS.FORECAST FOR EBITDA AND GROUP RESULT ADJUSTED FOR NON-RECURRING EFFECTS UNCHANGED.  Full Article

Verbund To Invest More Than 2 Bln EUR In Power Grid In Next 10 Years
Thursday, 26 Jul 2018 03:44am EDT 

July 26 (Reuters) - Verbund AG ::Says plans to invest more than 2 billion eur in power grid in next 10 years.  Full Article

Verbund H1 EBITDA Up 21.1% At EUR 503.7 Mln
Thursday, 26 Jul 2018 01:59am EDT 

July 26 (Reuters) - Verbund AG ::DGAP-NEWS: VERBUND AG: RESULTS FOR QUARTERS 1-2/2018: STRONG EARNINGS GROWTH CONFIRMS VERBUND IS ON THE RIGHT TRACK.DGAP-NEWS: VERBUND AG: RESULTS FOR QUARTERS 1-2/2018: STRONG EARNINGS GROWTH CONFIRMS VERBUND IS ON THE RIGHT TRACK.EXPECTS EBITDA FOR FINANCIAL YEAR 2018 TO AMOUNT TO APPROXIMATELY EUR950M.H1 EBITDA WAS UP 21.1%, RISING FROM EUR415.9M TO EUR503.7M.SEES GROUP RESULT TO AMOUNT TO APPROXIMATELY EUR370M FOR FINANCIAL YEAR 2018.H1 GROUP RESULT ROSE BY 47.3% WITH AN INCREASE FROM EUR154.5M TO EUR227.5M.VERBUND - FOR 2018 PLANS DIVIDEND PAYOUT RATIO OF BETWEEN 40% AND 45% OF PROJECTED GROUP RESULT OF EUR365M AFTER ADJUSTED FOR NON-RECURRING EFFECTS.  Full Article

Verbund ‍9-mth EBITDA down 18.1% to EUR 663.5 mln​
Wednesday, 8 Nov 2017 01:58am EST 

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

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OMV and Verbund to build Austria's largest solar plant

VIENNA 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.