Ashta

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

Retrieved on: 
Thursday, August 25, 2022
Plant, Financial result, Verbund, Heat, RAG, EVN, EBITDA, Letter, EVN Group, EBIT, Sale, Palterndorf-Dobermannsdorf, EUR, Kilowatt-hour, Investment, Goal, Electricity, Power, CO2, Group, COVID-19, Growth, Natural gas, Wind, Drinking water, Film, Renewable energy, Oil, Sewage, Ashta, Japons, Petronell-Carnuntum

Revenue recorded by the EVN Group rose by 64.6% to EUR 2,943.7m in the first three quarters of 2021/22 and was driven by a number of individual effects.

Key Points: 
  • Revenue recorded by the EVN Group rose by 64.6% to EUR 2,943.7m in the first three quarters of 2021/22 and was driven by a number of individual effects.
  • In South East Europe, the sharp rise in electricity prices led to double-digit growth in the energy business.
  • The cost of materials and services rose by 33.2% to EUR 478.5m in line with revenue growth in the international project business.
  • Based on these developments, EBITDA recorded by the EVN Group fell by 11.8% year-on-year to EUR 578.1m in the first three quarters of 2021/22.

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

Retrieved on: 
Wednesday, May 25, 2022
COVID-19, Power, EVN Group, Natural gas, Plant, EBITDA, Vienna International Airport, Letter, EUR, Financial result, Electricity, Investment, Goal, 50:50@50, Wind, Kilowatt-hour, RAG, Growth, Sale, EBIT, EVN, Drinking water, Film, Renewable energy, Airline, Ashta, Petronell-Carnuntum, Group

The market prices for base load and peak load electricity followed these trends with a significant increase in the first half of 2021/22.

Key Points: 
  • The market prices for base load and peak load electricity followed these trends with a significant increase in the first half of 2021/22.
  • The cost of materials and services increased by 20.6% to
    EUR 290.4m in line with the development of revenue in the international project business.
  • EBITDA recorded by the EVN Group fell by 21.6% year-on-year to EUR 420.2m in the first half of 2021/22.
  • EVN expects Group net result of approximately EUR 200m to EUR 240m for the 2021/22 financial year.

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

Retrieved on: 
Monday, December 20, 2021
Weather, EBITDA, Electricity, EVN Group, Verbund, Vienna International Airport, Financial result, Growth, Sale, Wind, Group, Waldviertel, Depreciation, Acquisition, EUR, STEAG, EBIT, EEX, Investment, Natural gas, EVN, Kilowatt-hour, Monthly Full Report on Manufacturers' Shipments, Inventories, and Orders, Austria, CO2, Drinking water, Bank, Renewable energy, Film, Pharmaceutical industry, Petronell-Carnuntum, Weinviertel, Ashta

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.