WALDVIERTEL

EQS-News: EVN AG: Business development in the first quarter of 2023/24

Retrieved on: 
Wednesday, March 13, 2024
Letter, EVN, Investment, Growth, EVN Group, EUR, Water, Depreciation, Drinking water, Policy, Electricity, Workforce, Kilowatt-hour, Wind, 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.

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

Retrieved on: 
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 first three quarters of 2022/23

Retrieved on: 
Thursday, August 24, 2023
Letter, BofA Securities, EVN Group, Drinking water, Investment, RAG, Sewage, Electricity, EBIT, Wind, Kilowatt-hour, EVN, EUR, EBITDA, Financial result, Depreciation, Heat, DB Netze, European Investment Bank, Verbund, CO2, Sewage treatment, Lithium, Film industry, Renewable energy, 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.