Verbund Akt.(A): 2024 Earnings Forecast Falls Short of Market Expectations

• VERBUND AG's earnings forecast for financial year 2024 is significantly below market expectations
• The drop in wholesale prices for electricity, primary energy prices, and prices of emission allowances, as well as lower earnings contribution in the Grid segment, are negatively impacting the expected EBITDA and Group result for 2024
• The current market expectations are higher than VERBUND AG's current earnings forecast
• VERBUND expects EBITDA of between around €2,600m and €3,300m and a Group result of between around €1,300m and €1,750m in 2024
• The earnings forecast is contingent on VERBUND not being impacted further by possible energy policy measures
• Further details will be announced when the 2023 annual results are published on March 14, 2024

The next important date, Quarterly report, at Verbund Akt.(A) is on 14.03.2024.

The price of Verbund Akt.(A) at the time of the news was 67,40EUR and was down -4,67 % compared with the previous day.
12 minutes after the article was published, the price was 66,20EUR this corresponds to a minus of -1,78 % since publication.

Verbund Akt.(A)

+0,14 %

+4,08 %

+7,80 %

-1,04 %

-3,96 %

+8,04 %

+69,71 %

+431,52 %

+161,43 %

ISIN:AT0000746409WKN:877738

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