Brief: Verbund FY Revenue Below Analyst Expectations

VERBUND AG

16/03/2023 07:03

Mar 16 (Reuters) - Verbund FY net income EUR 1,717 million.
* FY EBIT margin 25.4%
* FY EBITDA margin 30.5%
* FY EBITDA EUR 3,160.7 million
* FY EBIT EUR 2,626.2 million
* FY revenue EUR 10,346.1 million vs. estimate EUR 10,912 million
* Outlook FY EBITDA EUR 3,500-4,400 million
* Outlook FY net income EUR 1,900-2,500 million
* Proposes dividend EUR 3.60 per share