Stock Analysis
VERBUND (VIE:VER) Full Year 2023 Results
Key Financial Results
- Revenue: €10.6b (up 1.9% from FY 2022).
- Net income: €2.27b (up 32% from FY 2022).
- Profit margin: 22% (up from 17% in FY 2022). The increase in margin was primarily driven by lower expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
VERBUND Earnings Insights
Looking ahead, revenue is forecast to decline by 20% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat.
Performance of the market in Austria.
The company's shares are down 1.9% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for VERBUND (1 is potentially serious!) that you should be aware of.
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About WBAG:VER
VERBUND
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.
Solid track record with excellent balance sheet and pays a dividend.