Brief: Burgenland FY Pre-Tax Profit At EUR 27.6 Mln

Burgenland Holding AG

16/12/2021 07:11

Dec 16 (Reuters) - BURGENLAND HOLDING AG  BHAV.VI :
    * FY REVENUE AT EUR 336.3 MILLION, -0.1% YOY
    * WITHIN THE WIND ENERGY SECTOR, REPOWERING OF PHASE 1 IS
EXPECTED
TO BE COMPLETED BY Q1 OF 2022/23
    * A FURTHER FOCUS CAN BE FOUND IN THE EXPANSION OF
PHOTOVOLTAICS,
WHICH WILL SEE AN INVESTMENT OF EUR 140.4M (INCL. SPV) IN THE
2021/22 BUSINESS YEAR
    * FY EBIT AT EUR 10.38 MILLION VERSUS EUR 10.25 YEAR AGO
    * FY PRE-TAX PROFIT AT EUR 27.6 MILLION, A DECREASE OF
AROUND
51.1% COMPARED TO THE PREVIOUS YEAR
    * ENERGIE BURGENLAND VERTRIEB GMBH & CO KG IS PLANNING PRICE
CHANGES FOR ELECTRICITY AND NATURAL GAS FOR THE 2021/22 BUSINESS
YEAR.
    * FY NET PROFIT AT EUR 10.4 MILLION VERSUS EUR 10.3 YEAR AGO
    * AROUND EUR 7.7M IS TO BE INVESTED IN BIOMASS ELECTRICITY
PRODUCTION IN THE 2021/22 BUSINESS YEAR
    * FOR THE 2021/22 BUSINESS YEAR, INVESTMENTS IN THE
ELECTRICITY
GRID, THE NATURAL GAS GRID AND THE WIND ENERGY SECTOR ARE
PLANNED TO AMOUNT TO ROUGHLY EUR 53.9M, EUR 14.1M AND EUR
106.6M, RESPECTIVELY

Source text for Eikon:  ID:nEQbgBvC6a 
Further company coverage:  BHAV.VI 

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