sur EVN AG (ETR:EVN)
EVN AG Reports Positive Business Development in First Half of 2025/26
EVN AG has announced financial performance improvements for the first half of the 2025/26 fiscal year, with a net result above the previous year and a confirmed outlook. The company completed the sale of its international project business, while expanding renewable energy capacities to 561 MW in wind and 133 MWp in photovoltaics. A new drinking water pipeline project has been initiated in Lower Austria. Furthermore, EVN is collaborating with AVIA petrol stations to enhance Austria's e-charging infrastructure.
Despite colder weather impacting its core markets and declining natural gas prices, EVN's revenue rose by 3.2% to EUR 1,787.0m due to regulatory price adjustments. EBITDA improved by 7.9% to EUR 553.3m, reflecting effective cost management. Net debt decreased to EUR 1,094.8m, supported by the international project business sale. EVN maintains strong credit ratings, supporting its EUR 1bn annual investment strategy up to 2030, focusing on renewable energy, network infrastructure, and water supplies. The company anticipates stable financial results for fiscal 2025/26.
R. P.
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