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:
Alpiq Holding Aktiengesellschaft
of SWITZERLAND
(2020
sales of 3.91 billion Swiss Francs [US$4.21 billion]
of which 92%
was Digital & Commerce),
Acea SpA
of ITALY
(3.30 billion Euros [US$3.92 billion]
), and
MVV Energie AG
which is
based in GERMANY
(3.43 billion Euros [US$4.08 billion]
of which 74%
was Customer solution).
Sales Analysis.
Verbund AG reported sales of 3.23 billion Euro (US$3.84 billion)
for the
year ending
December of 2020.
This
represents
a
decrease of 17.0%
versus 2019, when the company's sales were 3.90 billion Euro.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Verbund AG had sales
of 2.97 billion Euro.
Contributing to the drop in overall sales was the 59.3% decline
in Renewable Generation, from 211.00 million Euro to 85.80 million Euro.
There were also decreases in sales in
Sales (down 19.5% to 2.31 billion Euro)
and
Grid (down 10.0% to 701.10 million Euro)
and
All Other Segments (down 18.5% to 21.20 million Euro)
and
Reconciliation/consolidation (down 14.3% to 3.00 million Euro)
.