Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Verbund : Calm restored

>Political uncertainties easing head of Q2 2023 results - With the decline in energy prices since the beginning of the year, the risk of political intervention is also diminishing thus providing more visibility to the players. In Europe, the option for a prolongation in the infra-marginal tax mechanism beyond 30 June has not been retained for the time being and therefore the majority of European countries have left the mechanism but this is not the case in Austria wh...
Underlying
VERBUND AG Class A

Verbund is a public utility company engaged in the generation and transmission of electricity from subsidiaries' hydro and thermal power stations located throughout Austria. Through its subsidiaries, Co. is involved in the planning and construction of water systems, hydroelectric power plants, river structures, sewage disposal systems, and high voltage transmission towers and lines. Co. generates, trades and sells electrical energy to power exchange buyers, traders, energy supply companies and industrial companies as well as households and commercial customers.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Louis Boujard, CFA

Philippe Ourpatian

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