Verbund published earnings in line with the consensus after a strong recovery during 1Q. The Hydro segments contributed 89% of the EBITDA and increased by 58% yoy in the back of higher average achieved prices on futures while renewables also performed well with +6.2% in power generation.

27 Jul 2023
1H23: Water conditions bring rain and shine to earnings

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1H23: Water conditions bring rain and shine to earnings
- Published:
27 Jul 2023 -
Author:
Pierre-Alexandre Ramondenc -
Pages:
3 -
Verbund published earnings in line with the consensus after a strong recovery during 1Q. The Hydro segments contributed 89% of the EBITDA and increased by 58% yoy in the back of higher average achieved prices on futures while renewables also performed well with +6.2% in power generation.