Verbund reported a strong first half, with a rise in both EBITDA (+2.5%) and adjusted results (+4.7%). Higher electricity prices on spot markets more than offset lower electricity generation and thus enabled the group to raise its full-year outlook for the second time in a row.
29 Jul 2021
H1 21: power prices to boost margins and upgrade to guidance
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H1 21: power prices to boost margins and upgrade to guidance
- Published:
29 Jul 2021 -
Author:
Nicolas Bouthors -
Pages:
2
Verbund reported a strong first half, with a rise in both EBITDA (+2.5%) and adjusted results (+4.7%). Higher electricity prices on spot markets more than offset lower electricity generation and thus enabled the group to raise its full-year outlook for the second time in a row.