EVN has published its Q3 trading update with revenues increasing +9.2% to reach €1,765.5m. Following the same lines, EBITDA rose by +14.8% and net income by +21.7% to €242m. The group benefited from higher usage of its thermal assets to balance the networks both in Austria and Germany, lower temperatures, and an improvement in the international project business.
The group has maintained its full-year outlook, expecting net income to be above the previous year’s levels mainly due to the one-off ....
24 Aug 2017
The positive trend continues
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
The positive trend continues
EVN AG (EVN:WBO) | 0 0 1.6% | Mkt Cap: 2,928m
- Published:
24 Aug 2017 -
Author:
Juan Camilo Rodriguez -
Pages:
3
EVN has published its Q3 trading update with revenues increasing +9.2% to reach €1,765.5m. Following the same lines, EBITDA rose by +14.8% and net income by +21.7% to €242m. The group benefited from higher usage of its thermal assets to balance the networks both in Austria and Germany, lower temperatures, and an improvement in the international project business.
The group has maintained its full-year outlook, expecting net income to be above the previous year’s levels mainly due to the one-off ....