The group, which generates c.80% of its EBITDA on the regulated distribution market, reported a decrease in sales volume in both electricity (-13.5%) and gas (-14.9%) as mild temperatures in Europe decreased consumption. However, sales increased by 3.1% to €2,192.6m supported by positive price effects from renewable electricity generation, valuation effects from hedges and price adjustments.

25 May 2023
H1 2022/23: lower volumes more than offset by higher wholesale market prices

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
H1 2022/23: lower volumes more than offset by higher wholesale market prices
EVN (EVN:VIE), 0 | EVN AG (EVN:WBO), 0
- Published:
25 May 2023 -
Author:
Pierre-Alexandre Ramondenc -
Pages:
3 -
The group, which generates c.80% of its EBITDA on the regulated distribution market, reported a decrease in sales volume in both electricity (-13.5%) and gas (-14.9%) as mild temperatures in Europe decreased consumption. However, sales increased by 3.1% to €2,192.6m supported by positive price effects from renewable electricity generation, valuation effects from hedges and price adjustments.