EVN AG


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

EQS-News: EVN AG: Business development in the first half of 2022/23

Retrieved on: 
Saturday, May 27, 2023

Revenue recorded by the EVN Group rose by 3.1% to EUR 2,192.6m in the first half of 2022/23.

Key Points: 
  • Revenue recorded by the EVN Group rose by 3.1% to EUR 2,192.6m in the first half of 2022/23.
  • This increase was supported, above all, by price effects from renewable electricity generation, valuation effects from hedges and price adjustments at EVN Wärme.
  • Growth was also recorded in the international project business through progress on the major project in Kuwait.
  • Based on these developments, EBITDA recorded by the EVN Group rose by 11.0% year-on-year to EUR 466.4m in the first half of 2022/23.

EQS-News: EVN AG: Business development in the first quarter of 2022/23

Retrieved on: 
Wednesday, February 22, 2023

Revenue recorded by the EVN Group rose by 30.3% to EUR 1,174.3m in the first quarter of 2022/23.

Key Points: 
  • Revenue recorded by the EVN Group rose by 30.3% to EUR 1,174.3m in the first quarter of 2022/23.
  • This increase was supported, above all, by price effects in renewable generation, valuation effects of hedges and higher prices at EVN Wärme.
  • Growth was also recorded in the international project business due to progress on the major project in Kuwait.
  • Based on these developments, EBITDA recorded by the EVN Group rose by 39.6% year-on-year to EUR 281.7m in the first quarter of 2022/23.

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

Retrieved on: 
Sunday, December 18, 2022

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 three quarters of 2021/22

Retrieved on: 
Thursday, August 25, 2022

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

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.