VERBUND AG Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 29, 2021 at 11:01 pm IST
VERBUND AG announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was EUR 163.8 million compared to EUR 323.5 million a year ago. Operating income was EUR 251.2 million compared to EUR 199 million a year ago. Net income was EUR 179.8 million compared to EUR 153.9 million a year ago. Basic earnings per share from continuing operations was EUR 0.52 compared to EUR 0.44 a year ago. For the half year, sales was EUR 660.4 million compared to EUR 1,383.6 million a year ago. Operating income was EUR 459.1 million compared to EUR 435.2 million a year ago. Net income was EUR 324.5 million compared to EUR 310.4 million a year ago. Basic earnings per share from continuing operations was EUR 0.93 compared to EUR 0.89 a year ago.