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Verbund AG

0NR1:LSE

Verbund AG

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  • Price (EUR)71.73
  • Today's Change-0.475 / -0.66%
  • Shares traded188.00
  • 1 Year change-13.53%
  • Beta--
Data delayed at least 20 minutes, as of Nov 08 2024 17:32 GMT.
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About the company

VERBUND AG is an Austria-based energy company. The Company is engaged in the generation and transmission of electricity in Austria. It is also active in the energy trading markets. Through its trading platform, VERBUND Energy4Business GmbH, which trades power and energy derivatives over-the-counter and at the major power exchanges across Europe. VERBUND generates electricity via its large network of hydroelectric power plants, which accounts for approximately 90% of the power generated, supplemented by wind, solar and thermal power plants, powered by fossil fuels. The Company's transmission business is run by VERBUND-Austrian Power Grid AG, which operates, maintains and extends Austria's high-voltage and extra-high-voltage power grids. Verbund has further subsidiary operations in Germany, Italy, Poland, Hungary and Slovenia. Furthermore, the Company acquired Gas Connect Austria GmbH to operate its infrastructure.

  • Revenue in EUR (TTM)6.50bn
  • Net income in EUR1.67bn
  • Incorporated1947
  • Employees4.12k
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