Verbund AG First-Quarter Earnings Report

Verbund AG, a utility company based in Vienna, Austria, has released its first-quarter earnings report. The company’s EBITDA for the quarter declined by 18.1% compared to the same period in previous years.

Key Financial Metrics

  • EBITDA: declined by 18.1% year-over-year
  • No specific EBITDA amount mentioned in the report

Reasons for Decline

The decline in earnings is attributed to below-average water supply, which has impacted the company’s ability to generate power.

Market Impact

The company’s stock price has been affected by the decline in earnings. The ATX Prime index showed a slight increase, but the overall market sentiment remains cautious.

Note

The exact amount of EBITDA decline is not specified in the report.