Brief: Impact On Verbund Of The Levy On Excess Profits

VERBUND AG

21/12/2022 11:34

Dec 21 (Reuters) - VERBUND AG  VERB.VI :
    * IMPACT ON VERBUND OF THE LEVY ON EXCESS PROFITS
    * SPECIAL DIVIDEND ANNOUNCED BY VERBUND ON 25 MAY 2022 AS
PER
INSIDE INFORMATION CANNOT BE OFFSET AGAINST THESE MEASURES, BUT
IT IS STILL PLANNED.
    * ASSUMES ON BASIS OF CURRENT MARKET DATA (REPORTING DATE: 9
DECEMBER 2022) THAT PROFIT LEVY (EBITDA) WILL BE RECOGNISED IN
PROFIT OR LOSS IN 2023 AT A TOTAL AMOUNT OF APPROXIMATELY EUR
2.1 BILLION
    * VERBUND ASSUMES ON BASIS OF CURRENT MARKET DATA (REPORTING
DATE:
9 DECEMBER 2022) THAT PROFIT LEVY (EBITDA) WILL BE RECOGNISED IN
PROFIT OR LOSS IN 2023 AT A TOTAL AMOUNT OF APPROXIMATELY EUR
2.1 BILLION (OF WHICH EUR 1.8 BILLION IN AUSTRIA AND EUR 0.3
BILLION IN GERMANY)
    * PAYMENTS FROM PROFIT LEVY WILL ESSENTIALLY BE DIVIDED
EQUALLY
BETWEEN YEARS 2023 AND 2024

Source text for Eikon:  ID:nEQ7ScNNja 
Further company coverage:  VERB.VI 
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