MVV Energie AG operates in the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares MVV Energie AG with three other
electric utilities in Europe:
Acea SpA
of ITALY
(2020
sales of 3.30 billion Euros [US$4.00 billion]
of which 48%
was Sales),
Verbund AG
of AUSTRIA
(3.23 billion Euros [US$3.93 billion]
of which 72%
was Sales), and
Alpiq Holding Aktiengesellschaft
which is
based in SWITZERLAND
(3.91 billion Swiss Francs [US$4.33 billion]
of which 92%
was Digital & Commerce).
Sales Analysis.
MVV Energie AG reported sales of 3.43 billion Euro (US$4.17 billion)
for the
fiscal
year ending
September of 2020.
This
represents
a
decrease of 6.2%
versus 2019, when the company's sales were 3.66 billion Euro.
The sales level in 2020 was fairly close to the level five years ago: in 2015, MVV Energie AG had sales
of 3.42 billion Euro.
Contributing to the drop in overall sales was the 19.4% decline
in New Energies, from 734.23 million Euro to 591.48 million Euro.
There were also decreases in sales in
Customer Solution (down 3.0% to 2.55 billion Euro)
and
Other Activities (down 16.2% to 1.98 million Euro)
.
However, these declines were partially offset by the increase in sales of
Supply Reliabilities (up 21.6% to 278.03 million Euro)
and
Strategic Investments (up 5.4% to 90.61 million Euro)
.