Business Summary: VERBUND AG is an Austria-based energy company. The Company is engaged in the generation and transmission of electricity. It is also active in the energy trading markets. Through its trading platform, VERBUND Energy4Business GmbH, it also comprises grid and power plant operators and producers of electricity from renewable sources, particularly wind power, solar power and small-scale hydropower. The Company generates, trades and sells electricity to participants in energy exchange markets, traders, electric utilities and industrial companies as well as to household and commercial customers.
Financial Summary: BRIEF: For the three months ended 31 March 2026, VERBUND AG revenues decreased 16% to EUR1.94B. Net income applicable to common stockholders decreased 32% to EUR269.8M. Revenues reflect Sales segment decrease of 18% to EUR1.43B, Grid segment decrease of 6% to EUR403.4M. Net income also reflects Other operating expenses increase of 11% to EUR133.8M (expense), Personnel expenses - Balancing value increase of 6% to EUR154.9M (expense).