Associated tags: EVN Group, EVN, Drinking water, Renewable energy, Electricity, EBITDA, Kilowatt-hour, EBIT, Financial result, EUR, Wind
Locations: ÖSTERREICH, NORDMAZEDONIEN, NEW YORK, NY, US, ÖSTERREICH, WALDVIERTEL, AUSTRIA, GERMANY, PROTTES, BAHRAIN, ROMANIA, KUWAIT, BULGARIA, POLAND
Retrieved on:
Wednesday, March 13, 2024
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Wednesday, March 13, 2024
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Renewable energy The international project business also reported a decrease in revenue due to the largely completed wastewater treatment plant in Kuwait.
Key Points:
- The international project business also reported a decrease in revenue due to the largely completed wastewater treatment plant in Kuwait.
- The cost of materials and services fell by 29.9% to EUR 127.7m consistent with the development of revenue in the international project business.
- In addition to the earnings improvement at EVN KG, higher contributions were also received from Burgenland Energie and Verbund Innkraftwerke.
- Based on these developments, EBITDA recorded by the EVN Group rose by 1.4% year-on-year to EUR 285.7m in the first quarter of 2023/24.
Retrieved on:
Thursday, December 14, 2023
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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.
Retrieved on:
Thursday, December 14, 2023
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Tuesday, October 17, 2023
Retrieved on:
Tuesday, October 17, 2023
EVN AG: EVN Capital Markets Day 2023: Extensive information for investors and analysts
Key Points:
- EVN AG: EVN Capital Markets Day 2023: Extensive information for investors and analysts
The issuer is solely responsible for the content of this announcement.
- At today’s Capital Markets Day, Stefan Szyszkowitz, CEO of the EVN Group, together with members of senior management gave institutional investors and analysts an update on the Strategy 2030 and closer insight into the growth drivers, challenges and current investment programme of the EVN Group up to 2030.
- Climate change and its impact are fundamentally altering the framework conditions for the entire energy sector.
- The Capital Markets Day 2023 gave EVN an opportunity to report on current developments in the company against this backdrop and explain key changes for the future.
Retrieved on:
Thursday, August 24, 2023
Retrieved on:
Thursday, August 24, 2023
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Generation The market prices for base load and peak load electricity followed this development but remain at a high level.
Key Points:
- The market prices for base load and peak load electricity followed this development but remain at a high level.
- Revenue recorded by the EVN Group declined by 1.3% to EUR 2,904.1m in the first three quarters of 2022/23.
- The first three quarters of 2022/23 also included a revaluation of EUR 1.6m at EVN Wasser as of 30 June 2023.
- EVN generated 2,330 GWh of electricity in the first three quarters of 2022/23, which represents a 15.7% year-on-year decline.
Following elections at today‘s 33rd Extraordinary General Meeting of EVN AG, Reinhard Wolf will take over as President and Chairman of the Supervisory Board.
Key Points:
- Following elections at today‘s 33rd Extraordinary General Meeting of EVN AG, Reinhard Wolf will take over as President and Chairman of the Supervisory Board.
- In addition, Veronika Wüster was elected to the Supervisory Board.
- The Chairman of the Supervisory Board and the Executive Board express their thanks on behalf of the company for the successful and trusting cooperation.
- At the constituent meeting of the Supervisor Board, EVN Executive Board member Franz Mittermayer requested the premature termination of his employment contract.
