21st Austria weekly - Verbund Andritz Amag ams Osram Marinomed 27/07/2023 [pic1]Verbund: Austrian utility Verbund saw an improvement in the results posted for quarters 1–2/2023. The reported Group result rose by 57.5% to €1 287.2m. Generation from annual storage power plants 6.2% 1–2/2023 compared with prior-year reporting period. hydropower thus increased 947 GWh 15 054 GWh. sharp rise wholesale electricity prices on futures markets that were relevant period gave earnings a considerable boost. Conversely spot market fell average sales obtained VERBUND’s own generation €69.6/MWh €182.1/MWh. Higher photovoltaic installations and wind plants especially put into operation Spain also had positive effect as did higher contribution Gas Connect
21st Austria weekly - Verbund OMV Andritz 13/12/2022 [pic1]Verbund: Following the successful entry into Spanish market Austrian utility company Verbund announced company’s market Italian market. The basis for this is provided by a cooperation agreement with PV-Invest Group acquisition of project development including photovoltaic PV portfolio up to 250 MWp. As yet not contractually linked an investment decision which will only be made when projects are ready build and contingent on VERBUND’s profitability criteria continuing met.Verbund: performance: -4.83% OMV: In
21st Austria weekly - Verbund OMV 28/07/2022 [pic1]Verbund: Austrian utility company Verbund saw a significant improvement in the results posted for first half year. EBITDA climbed by 110.5% to Euro 1 378.9 mn. The Group result surged 151.8% 817.1 mn compared with same period of previous hydro coefficient run-of-river power plants dropped 0.90 or 6 percentage points below prior-year figure and 10 long-term average. Generation from annual storage rose 18.7% quarters reporting period. sharp increase wholesale electricity prices on futures spot markets gave boost earnings. average sales obtained Verbund’s own generation hydropower 65.9/MWh 112.5/MWh. consolidation Gas Connect AustriaGmbH significantly higher contribution flexibility products also had positive effect. year was influenced non-recurring effects 82.6 mn 9.3 2021. Adjusted these effects 133.0% 734.5 mn.Verbund:
21st Austria weekly - Palfinger Verbund Wienerberger RHI Magnesita 12/05/2022 [pic1]Verbund: Austrian utility Verbund saw a significant improvement in the results posted for quarter 1/2022. EBITDA climbed by 169.3% to Euro 814.9 mn. The Group result soared 255.6% 514.4 mn compared with same period of previous year. sharp increase wholesale electricity prices on futures and spot markets gave boost earnings. average sales obtained VERBUND’s own generation from hydropower rose €66.3/MWh €113.8/MWh. consolidation Gas Connect GmbH regulated gas transmission distribution system operator acquired effect 31 May 2021 likewise had positive effect. contribution flexibility products also significantly as greater volatility market. In