Urgent.News

What's breaking now, across thousands of outlets.

Business

+++ Geschäftszahlen +++: EVN steckt Milliarden in Energiewende und peilt Gewinnsprung an

Gerresheimer-Geschäft erholt sich im zweiten Quartal +++ Lindt kürzt die Umsatzprognose +++ Hornbach profitiert von hoher Nachfrage nach Klimageräten +++ Der Newsblog.

+++ Geschäftszahlen +++: EVN steckt Milliarden in Energiewende und peilt Gewinnsprung an

Österreich's energy provider EVN aims to increase its operational profit (Ebitda) to €1.2 billion by 2030 and is investing €1 billion annually in the energy transition. The funds will be allocated to network infrastructure, expanding renewable energy sources, and large battery storage systems with 300 megawatt capacity, the company announced on Thursday during a capital market day.

The group reaffirmed its dividend plans, with the payout expected to rise to at least €1.10 per share by the fiscal year 2029/30. For the current fiscal year 2025/26 (as of September 30), EVN last indicated a dividend of at least €0.90 per share, matching last year's level. Upon completion of the investment cycle, further gradual increases are possible.

For the current fiscal year 2025/26 (as of September 30), the company anticipates a consolidated profit of €470 to €490 million. In the first nine months, strong network business boosted Ebitda by 4.9 percent to €748.5 million, while wind and water power generation was weaker due to weather conditions.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

More in Business

More from Thursday 1 October →