Detail akcie Verbund AG online

Business Summary: VERBUND AG is an Austria-based energy company. The Company is engaged in the generation and transmission of electricity in Austria. It is also active in the energy trading markets. Through its trading platform, VERBUND Energy4Business GmbH, which trades power and energy derivatives over-the-counter and at the major power exchanges across Europe. VERBUND generates electricity via its large network of hydroelectric power plants, which accounts for approximately 90% of the power generated, supplemented by wind, solar and thermal power plants, powered by fossil fuels. The Company's transmission business is run by VERBUND-Austrian Power Grid AG, which operates, maintains and extends Austria's high-voltage and extra-high-voltage power grids. Verbund has further subsidiary operations in Germany, Italy, Poland, Hungary and Slovenia. Furthermore, the Company acquired Gas Connect Austria GmbH to operate its infrastructure.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, VERBUND AG revenues increased 1% to EUR10.45B. Net income applicable to common stockholders increased 32% to EUR2.27B. Revenues reflect Hydro segment increase of 94% to EUR236M, Grid segment increase of 5% to EUR1.4B. Net income benefited from Expenses for electricity, grid, gas and decrease of 23% to EUR5.23B (expense).