Verbund

DGAP-News: VERBUND AG: annual results for 2019: VERBUND's excellent performance will strengthen its future positioning

Wednesday, March 18, 2020 - 8:00am

Important because we adopted additional key strategic objectives that will have positive effects for the future of the Group.

Key Points: 
  • Important because we adopted additional key strategic objectives that will have positive effects for the future of the Group.
  • Gratifying because we again delivered a highly respectable economic performance, which confirms our chosen strategy.
  • We firmly believe that as a utility that almost exclusively uses renewable energy sources we are ideally positioned for a decarbonised, decentralised and digitalised future of energy.
  • This in turn was rewarded by the capital market and in addition to the strong performance of VERBUND shares, which were trading 20.1% higher in 2019, resulted in two rating upgrades for VERBUND AG.