Brief: Verbund 9M EBITDA Up At EUR 3.5 Bln

VERBUND AG

02/11/2023 07:03

Nov 2 (Reuters) - VERBUND AG  VERB.VI :
    * RESULTS FOR QUARTERS 1–3/2023: STRONG INCOME TREND WITH
IMPROVED
OUTLOOK FOR 2023
    * 9M EBITDA CLIMBED BY 83.6% YEAR-ON-YEAR TO EUR 3,549.3M
    * 9M GROUP RESULT ROSE BY 85.9% TO EUR 1,980.6M AND GROUP
RESULT
AFTER ADJUSTMENT FOR NON-RECURRING EFFECTS WAS UP 103.6%
(NON-RECURRING EFFECTS IN Q1-3/2023: EUR -20.2M; Q1-3/2022: EUR
+82.6M)
    * OUTLOOK 2023: RAISED
    * OUTLOOK 2023: EBITDA OF BETWEEN APPROXIMATELY EUR 4,150M
AND EUR
4,450M
    * OUTLOOK 2023: GROUP RESULT OF BETWEEN APPROXIMATELY EUR
2,250M
AND EUR 2,450M
    * OUTLOOK 2023: PLANNED PAYOUT RATIO FOR FINANCIAL YEAR 2023
IS
BETWEEN 45% AND 55% OF GROUP RESULT OF BETWEEN AROUND EUR 2,270M
AND EUR 2,470M, AFTER ADJUSTING FOR NON-RECURRING EFFECTS

Source text for Eikon:  ID:nEQ1vjljda 
Further company coverage:  VERB.VI 

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