EQS-News: EVN AG: Business development in the first quarter of 2021/22
Retrieved on:
Tuesday, March 1, 2022
Depreciation, Income, Electricity, Natural gas, Wind, Growth, CO2, Investment, EBIT, Letter, E-Control, EVN Group, EVN, Sale, Drinking water, Kilowatt-hour, Waldviertel, EUR, Vienna International Airport, Contract, EBITDA, Financial result, Renewable energy, Public utility, Film, Group, Weinviertel, Japons, Schildberg, Petronell-Carnuntum
Revenue recorded by the EVN Group rose by 49.1% to EUR 900.9m in the first quarter of 2021/22.
Key Points:
- Revenue recorded by the EVN Group rose by 49.1% to EUR 900.9m in the first quarter of 2021/22.
- The upward trend in wholesale prices was also responsible for an increase in the revenue from renewable generation.
- Another factor involved the more frequent use of the Theiss power plant by the Austrian transmission network operator for network stabilisation.
- EBITDA recorded by the EVN Group fell by 39.5% year-on-year to EUR 201.9m in the first quarter of 2021/22.