Verbund : Political intervention one of the main talking points
>Good H1 2022 results - Verbund published its H1 2022 results yesterday, which came out higher than last years’ thanks to more favourable market prices, but were lower than our estimates. EBITDA rose by 111% year-on-year to € 1,378.9m. The difference in relation to our estimates is mainly attributable to the sales segment, which made a loss of € 166m in H1 2022 versus a profit of € 56m in H1 2021 and € 38m in Q1 2022, while we had expected the figure for the period ...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.
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.
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