Weinviertel

EQS-News: EVN AG: Business development in the 2022/23 financial year

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Thursday, December 14, 2023
Heat, 2022–23 Salvadoran gang crackdown, DB Netze, EBITDA, Kilowatt-hour, EVN, EVN Group, Verbund, Investment, RAG, Weather, Capital expenditure, Growth, Plant, Financial result, Climate, Policy, Annual general meeting, Electricity, Federal Executive Boards, Wind, Drinking water, Film industry, Renewable energy, Cryptocurrency, Lithium, EUR, Weinviertel, EBIT

Revenue recorded by the EVN Group declined by 7.2% year-on-year to EUR 3,768.7m in 2022/23.

Key Points: 
  • Revenue recorded by the EVN Group declined by 7.2% year-on-year to EUR 3,768.7m in 2022/23.
  • In the international project business, the largely completed wastewater treatment plant in Kuwait led to lower revenue.
  • This decline – which was already reported during the financial year – is attributable to the energy supply company EVN KG, where the development of earnings was significantly impaired by several factors.
  • Revaluations of EUR 3.2m were recorded to plants operated by EVN Wärme and EVN Wasser.

EQS-News: EVN AG: Business development in the 2021/22 financial year

Retrieved on: 
Sunday, December 18, 2022
Electricity, Capital expenditure, Waldviertel, Water, Climate change, Heat, Natural gas, Investment, Sale, Drinking water, EEX, Petronell-Carnuntum, EBITDA, EVN Group, Article, COVID-19, Financial result, EUR, EVN, Plant, OPEX, Verbund, Growth, DB Netze, Wind, RAG, Kilowatt-hour, Renewable energy, Japons, Schildberg, EBIT, Weinviertel

Revenue recorded by the EVN Group rose by 69.6% year-on year to EUR 4,062.2m in 2021/22.

Key Points: 
  • Revenue recorded by the EVN Group rose by 69.6% year-on year to EUR 4,062.2m in 2021/22.
  • This sound development was supported by a number of individual effects: In South East Europe, the dramatic increase in electricity prices supported substantial growth in the energy distribution business.
  • Other operating income in the previous year was positively influenced by non-recurring effects related to the Walsum 10 power plant.
  • The cost of materials and services rose by 38.9% to EUR 707.1m in line with revenue growth in the international project business.

EQS-News: EVN AG: Business development in the first quarter of 2021/22

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Tuesday, March 1, 2022
Depreciation, Income, Electricity, Natural gas, Wind, Growth, CO2, Investment, EBIT, Letter, E-Control, EVN Group, EVN, Sale, Drinking water, Kilowatt-hour, Waldviertel, EUR, Vienna International Airport, Contract, EBITDA, Financial result, Renewable energy, Public utility, Film, Group, Weinviertel, Japons, Schildberg, Petronell-Carnuntum

Revenue recorded by the EVN Group rose by 49.1% to EUR 900.9m in the first quarter of 2021/22.

Key Points: 
  • Revenue recorded by the EVN Group rose by 49.1% to EUR 900.9m in the first quarter of 2021/22.
  • The upward trend in wholesale prices was also responsible for an increase in the revenue from renewable generation.
  • Another factor involved the more frequent use of the Theiss power plant by the Austrian transmission network operator for network stabilisation.
  • EBITDA recorded by the EVN Group fell by 39.5% year-on-year to EUR 201.9m in the first quarter of 2021/22.

EQS-News: EVN AG: Business development in the 2020/21 financial year

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Monday, December 20, 2021
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However, Covid-19-related lockdowns, travel restrictions and distortions in international supply chains complicated the international environmental project business and led in part to project delays.

Key Points: 
  • However, Covid-19-related lockdowns, travel restrictions and distortions in international supply chains complicated the international environmental project business and led in part to project delays.
  • Revenue recorded by the EVN Group rose by 13.6% year-on-year to EUR 2,394.9m in 2020/21.
  • This sound development was supported primarily by the international project business, in particular by the wastewater treatment project in Kuwait which started in summer 2020.
  • EVN expects Group net result to range from approximately EUR 200m to EUR 240m for the 2021/22 financial year.