EVN Group

EQS-News: EVN AG: Business development in the first quarter of 2023/24

Retrieved on: 
Wednesday, March 13, 2024
Letter, EVN, Investment, Growth, EVN Group, EUR, Water, Depreciation, Drinking water, Policy, Electricity, Workforce, Kilowatt-hour, Wind, Renewable energy

The international project business also reported a decrease in revenue due to the largely completed wastewater treatment plant in Kuwait.

Key Points: 
  • The international project business also reported a decrease in revenue due to the largely completed wastewater treatment plant in Kuwait.
  • The cost of materials and services fell by 29.9% to EUR 127.7m consistent with the development of revenue in the international project business.
  • In addition to the earnings improvement at EVN KG, higher contributions were also received from Burgenland Energie and Verbund Innkraftwerke.
  • Based on these developments, EBITDA recorded by the EVN Group rose by 1.4% year-on-year to EUR 285.7m in the first quarter of 2023/24.

EQS-News: EVN AG: Business development in the 2022/23 financial year

Retrieved on: 
Thursday, December 14, 2023
Heat, 2022–23 Salvadoran gang crackdown, DB Netze, EBITDA, Kilowatt-hour, EVN, EVN Group, Verbund, Investment, RAG, Weather, Capital expenditure, Growth, Plant, Financial result, Climate, Policy, Annual general meeting, Electricity, Federal Executive Boards, Wind, Drinking water, Film industry, Renewable energy, Cryptocurrency, Lithium, EUR, Weinviertel, EBIT

Revenue recorded by the EVN Group declined by 7.2% year-on-year to EUR 3,768.7m in 2022/23.

Key Points: 
  • Revenue recorded by the EVN Group declined by 7.2% year-on-year to EUR 3,768.7m in 2022/23.
  • In the international project business, the largely completed wastewater treatment plant in Kuwait led to lower revenue.
  • This decline – which was already reported during the financial year – is attributable to the energy supply company EVN KG, where the development of earnings was significantly impaired by several factors.
  • Revaluations of EUR 3.2m were recorded to plants operated by EVN Wärme and EVN Wasser.

EQS-News: EVN AG: EVN Capital Markets Day 2023: Extensive information for investors and analysts

Retrieved on: 
Tuesday, October 17, 2023
Capital market, Q&A, Climate change, EVN Group, Environment, EVN, EVN AG, Security (finance), Renewable energy

EVN AG: EVN Capital Markets Day 2023: Extensive information for investors and analysts

Key Points: 
  • EVN AG: EVN Capital Markets Day 2023: Extensive information for investors and analysts
    The issuer is solely responsible for the content of this announcement.
  • At today’s Capital Markets Day, Stefan Szyszkowitz, CEO of the EVN Group, together with members of senior management gave institutional investors and analysts an update on the Strategy 2030 and closer insight into the growth drivers, challenges and current investment programme of the EVN Group up to 2030.
  • Climate change and its impact are fundamentally altering the framework conditions for the entire energy sector.
  • The Capital Markets Day 2023 gave EVN an opportunity to report on current developments in the company against this backdrop and explain key changes for the future.

EQS-News: EVN AG: Business development in the first three quarters of 2022/23

Retrieved on: 
Thursday, August 24, 2023
Letter, BofA Securities, EVN Group, Drinking water, Investment, RAG, Sewage, Electricity, EBIT, Wind, Kilowatt-hour, EVN, EUR, EBITDA, Financial result, Depreciation, Heat, DB Netze, European Investment Bank, Verbund, CO2, Sewage treatment, Lithium, Film industry, Renewable energy, Generation

The market prices for base load and peak load electricity followed this development but remain at a high level.

Key Points: 
  • The market prices for base load and peak load electricity followed this development but remain at a high level.
  • Revenue recorded by the EVN Group declined by 1.3% to EUR 2,904.1m in the first three quarters of 2022/23.
  • The first three quarters of 2022/23 also included a revaluation of EUR 1.6m at EVN Wasser as of 30 June 2023.
  • EVN generated 2,330 GWh of electricity in the first three quarters of 2022/23, which represents a 15.7% year-on-year decline.

EQS-News: EVN AG: Changes on the Supervisory Board and Executive Board of EVN AG

Retrieved on: 
Monday, June 19, 2023
Employment, EVN Group, Drinking water, Supervisory board, EVN AG, Bettina, EVN, National Executive Board of the Boy Scouts of America, Environment, Management

Following elections at today‘s 33rd Extraordinary General Meeting of EVN AG, Reinhard Wolf will take over as President and Chairman of the Supervisory Board.

Key Points: 
  • Following elections at today‘s 33rd Extraordinary General Meeting of EVN AG, Reinhard Wolf will take over as President and Chairman of the Supervisory Board.
  • In addition, Veronika Wüster was elected to the Supervisory Board.
  • The Chairman of the Supervisory Board and the Executive Board express their thanks on behalf of the company for the successful and trusting cooperation.
  • At the constituent meeting of the Supervisor Board, EVN Executive Board member Franz Mittermayer requested the premature termination of his employment contract.

EQS-News: EVN AG: Business development in the first half of 2022/23

Retrieved on: 
Saturday, May 27, 2023
Letter, EVN Group, Drinking water, Investment, RAG, Electricity, Income tax, EBIT, Government, Wind, Kilowatt-hour, EVN, EUR, EBITDA, Financial result, Federal Executive Boards, Growth, CO2, Depreciation, DB Netze, Verbund, Annual general meeting, Renewable energy, Film industry, Bank, Central Europe

Revenue recorded by the EVN Group rose by 3.1% to EUR 2,192.6m in the first half of 2022/23.

Key Points: 
  • Revenue recorded by the EVN Group rose by 3.1% to EUR 2,192.6m in the first half of 2022/23.
  • This increase was supported, above all, by price effects from renewable electricity generation, valuation effects from hedges and price adjustments at EVN Wärme.
  • Growth was also recorded in the international project business through progress on the major project in Kuwait.
  • Based on these developments, EBITDA recorded by the EVN Group rose by 11.0% year-on-year to EUR 466.4m in the first half of 2022/23.

EQS-News: EVN AG: Business development in the first quarter of 2022/23

Retrieved on: 
Wednesday, February 22, 2023
Income tax, Verbund, Drinking water, EBIT, Water, Natural gas, Investment, Electricity, Wind, Kilowatt-hour, EBITDA, Austria, EUR, Growth, Letter, Financial result, SPAR, EVN Group, Energy crisis, Electric vehicle, Depreciation, EVN, Public utility, Film industry, Renewable energy, Bank

Revenue recorded by the EVN Group rose by 30.3% to EUR 1,174.3m in the first quarter of 2022/23.

Key Points: 
  • Revenue recorded by the EVN Group rose by 30.3% to EUR 1,174.3m in the first quarter of 2022/23.
  • This increase was supported, above all, by price effects in renewable generation, valuation effects of hedges and higher prices at EVN Wärme.
  • Growth was also recorded in the international project business due to progress on the major project in Kuwait.
  • Based on these developments, EBITDA recorded by the EVN Group rose by 39.6% year-on-year to EUR 281.7m in the first quarter of 2022/23.

EQS-News: EVN AG: Business development in the 2021/22 financial year

Retrieved on: 
Sunday, December 18, 2022
Electricity, Capital expenditure, Waldviertel, Water, Climate change, Heat, Natural gas, Investment, Sale, Drinking water, EEX, Petronell-Carnuntum, EBITDA, EVN Group, Article, COVID-19, Financial result, EUR, EVN, Plant, OPEX, Verbund, Growth, DB Netze, Wind, RAG, Kilowatt-hour, Renewable energy, Japons, Schildberg, EBIT, Weinviertel

Revenue recorded by the EVN Group rose by 69.6% year-on year to EUR 4,062.2m in 2021/22.

Key Points: 
  • Revenue recorded by the EVN Group rose by 69.6% year-on year to EUR 4,062.2m in 2021/22.
  • This sound development was supported by a number of individual effects: In South East Europe, the dramatic increase in electricity prices supported substantial growth in the energy distribution business.
  • Other operating income in the previous year was positively influenced by non-recurring effects related to the Walsum 10 power plant.
  • The cost of materials and services rose by 38.9% to EUR 707.1m in line with revenue growth in the international project business.

EQS-News: EVN AG: Business development in the first three quarters of 2021/22

Retrieved on: 
Thursday, August 25, 2022
Plant, Financial result, Verbund, Heat, RAG, EVN, EBITDA, Letter, EVN Group, EBIT, Sale, Palterndorf-Dobermannsdorf, EUR, Kilowatt-hour, Investment, Goal, Electricity, Power, CO2, Group, COVID-19, Growth, Natural gas, Wind, Drinking water, Film, Renewable energy, Oil, Sewage, Ashta, Japons, Petronell-Carnuntum

Revenue recorded by the EVN Group rose by 64.6% to EUR 2,943.7m in the first three quarters of 2021/22 and was driven by a number of individual effects.

Key Points: 
  • Revenue recorded by the EVN Group rose by 64.6% to EUR 2,943.7m in the first three quarters of 2021/22 and was driven by a number of individual effects.
  • In South East Europe, the sharp rise in electricity prices led to double-digit growth in the energy business.
  • The cost of materials and services rose by 33.2% to EUR 478.5m in line with revenue growth in the international project business.
  • Based on these developments, EBITDA recorded by the EVN Group fell by 11.8% year-on-year to EUR 578.1m in the first three quarters of 2021/22.

EQS-News: EVN AG: Business development in the first half of 2021/22

Retrieved on: 
Wednesday, May 25, 2022
COVID-19, Power, EVN Group, Natural gas, Plant, EBITDA, Vienna International Airport, Letter, EUR, Financial result, Electricity, Investment, Goal, 50:50@50, Wind, Kilowatt-hour, RAG, Growth, Sale, EBIT, EVN, Drinking water, Film, Renewable energy, Airline, Ashta, Petronell-Carnuntum, Group

The market prices for base load and peak load electricity followed these trends with a significant increase in the first half of 2021/22.

Key Points: 
  • The market prices for base load and peak load electricity followed these trends with a significant increase in the first half of 2021/22.
  • The cost of materials and services increased by 20.6% to
    EUR 290.4m in line with the development of revenue in the international project business.
  • EBITDA recorded by the EVN Group fell by 21.6% year-on-year to EUR 420.2m in the first half of 2021/22.
  • EVN expects Group net result of approximately EUR 200m to EUR 240m for the 2021/22 financial year.