21st Austria weekly - Verbund, Semperit, Addiko (07/11/2024)

21st Austria weekly - Verbund Semperit Addiko 07/11/2024 [pic1]Verbund: Utility company VERBUND released results and reported a decline in EBITDA by 26.0% year-on-year to €2 625.2m. The Group result was down 30.0% €1 387.2m the after adjustment for non-recurring effects 25.7% at €1 485.7m. water supply which well above average bolstered earnings. At 1.07 hydro coefficient run-of-river power plants 14 percentage points prior-year figure 7 higher than long-term average. Earnings were hard-hit sharp drop futures prices wholesale electricity that relevant reporting period.Verbund: performance: -4.52% Semperit: In first three quarters of 2024 ela…