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