Verbund AG operates in the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Verbund AG with three other
electric utilities in Europe:
CIR Compagnie Industriali Riunite SpA
of Italy
(2017
sales of 2.80 billion Euro [US$3.29 billion]
),
Acea SpA
of Italy
(2.75 billion Euro [US$3.24 billion]
of which 57%
was Sales), and
COFIDE - Compagnia Finanziaria De Benedetti S.p.A.
which is
also
based in Italy
(2.80 billion Euro [US$3.29 billion]
).
Sales Analysis.
Verbund AG reported sales of 2.91 billion Euro (US$3.43 billion)
for the
year ending
December of 2017.
This
represents
an
increase of 4.2%
versus 2016, when the company's sales were 2.80 billion Euro.
Despite this increase, sales are still
slightly
below the level achieved in 2015, when Verbund AG
reported sales of 2.97 billion Euro.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Verbund AG had sales
of 3.17 billion Euro.
Sales of Renewable Generation saw an increase
that was more than double the company's growth rate: sales were up
42.6% in 2017, from
124.70 million Euro to 177.80 million Euro.
Verbund AG also saw significant increases in sales in
Grid (up 15.5% to 713.70 million Euro)
and
Reconciliation/consolidation (up 10.0% to 3.30 million Euro)
.
Not all segments of Verbund AG experienced an increase in sales in 2017:
sales of All Other Segments fell 37.5% to 25.00 million Euro.
(However, this segment's sales were only a very small portion of the company's overall sales).
Verbund AG also experienced decreases in sales in
Sales (down 0.9% to 1.99 billion Euro)
.