VERBUND AG, together with its subsidiaries, generates, trades, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and households and commercial customers. The company operates through Hydro, New Renewables, Sales, Grid, and All Other segments. The company provides generation from hydropower; generation from wind power, photovoltaic systems and flexible storage; and trading and sales activities related to battery storage systems. The company also operates hydropower plants with a capacity of 8,468megawatts (MW); wind farms with a capacity of 874 MW; solar power with a capacity of 308 MW; and two thermal power plants. In addition, the company owns and operates an electricity transmission network, and a gas transmission pipeline and distribution network in Austria, as well as trades and sells gas. VERBUND AG was founded in 1947 and is headquartered in Vienna, Austria.
Austrian Market Performance
7D7 Days: 1.3%
3M3 Months: 8.6%
1Y1 Year: 19.2%
YTDYear to Date: 21.0%
The market is up 1.3% in the last 7 days, led by the Financials and Utilities sectors. On the other hand, with a decline of 3.9%, the Communication Services sector is lagging behind. As for the past 12 months, the market is up 19%. Earnings are forecast to grow by 8.5% annually. Market details ›
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