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    VER — VERBUND AG News Story

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    Brief: Verbund Says Earnings Forecast For Financial Year 2024 Is Significantly Below Market Expectations

    Picture of VERBUND AG logoVERBUND AG
    08/02/2024 18:00
    Feb 8 (Reuters) - Verbund Ag  VERB.VI :
    * EQS-ADHOC: VERBUND AG: EARNINGS FORECAST FOR FINANCIAL
YEAR 2024
IS SIGNIFICANTLY BELOW MARKET EXPECTATIONS
    * VERBUND - RAPID DROP IN WHOLESALE PRICES FOR ELECTRICITY
AND
LOWER EARNINGS CONTRIBUTION IN GRID SEGMENT ARE HAVING A
NEGATIVE IMPACT ON 2024 GUIDANCE
    * SEES GROUP RESULT OF BETWEEN AROUND EUR 1,300M AND EUR
1,750M IN
FINANCIAL YEAR 2024

Source text for Eikon:  ID:nEQ46KJrsa 
Further company coverage:  VERB.VI 

 ((Reuters.Briefs@thomsonreuters.com;))

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