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MarketScreener Homepage  >  Equities  >  Wiener Boerse  >  Verbund    VER   AT0000746409

VERBUND

(VER)
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Verbund : Raises 2020 View After 9-Month Profit Rise

11/05/2020 | 04:28am EST

By Olivia Bugault

Verbund AG said Thursday that profit rose in its first nine months and raised its guidance for the year.

The Austrian electricity company posted a profit of 477.7 million ($560 million) during the period, compared with a profit of EUR450.9 million the year prior.

Revenue fell 11% to EUR2.52 billion. Verbund said it benefited from reduced interest expenses after making sizable debt repayments the prior year.

Verbund now expects earnings before interest, taxes, depreciation, and amortization for the year to come between roughly EUR1.24 billion and EUR1.3 billion, compared with a previous forecast of EUR1.15 billion to EUR1.25 billion.

Profit should be between around EUR570 million and EUR610 million compared with a previous range of EUR510 million-EUR570 million, it said.

Write to Olivia Bugault at olivia.bugault@wsj.com

(END) Dow Jones Newswires

11-05-20 0427ET

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Financials
Sales 2020 3 844 M 4 676 M 4 676 M
Net income 2020 605 M 736 M 736 M
Net Debt 2020 1 873 M 2 278 M 2 278 M
P/E ratio 2020 43,8x
Yield 2020 0,98%
Capitalization 26 404 M 32 113 M 32 120 M
EV / Sales 2020 7,36x
EV / Sales 2021 7,20x
Nbr of Employees 2 858
Free-Float 34,3%
Chart VERBUND
Duration : Period :
Verbund Technical Analysis Chart | VER | AT0000746409 | MarketScreener
Technical analysis trends VERBUND
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 13
Average target price 46,72 €
Last Close Price 76,00 €
Spread / Highest target -10,5%
Spread / Average Target -38,5%
Spread / Lowest Target -54,6%
EPS Revisions
Managers and Directors
NameTitle
Michael Strugl Chairman & Chief Executive Officer
Thomas Schmid Chairman-Supervisory Board
Peter F. Kollmann Chief Financial Officer
Kurt Christof Member-Supervisory Board
Jürgen Roth Member-Supervisory Board
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