Aug 01, 2019 / 09:00AM GMT
Operator
Ladies and gentlemen, welcome to the conference call on half year results of VERBUND AG. At our customer's request, this conference will be recorded. (Operator Instructions) May I now hand you over to Peter Kollmann, CFO, who will lead you through this conference. Please go ahead.
Peter F. Kollmann - VERBUND AG - CFO & Member of the Executive Board
Thank you. Ladies and gentlemen, let me welcome you to the presentation of VERBUND for the first half year 2019, and let me thank you for joining today's conference call. I'm here with Andreas Wollein, our Head of Finance and Investor Relations.
Before we move into the analysis of the business development of VERBUND, let me make a few general comments. The year 2019 continued well for VERBUND after an already strong 2018. Our results were positively impacted by increasing contract prices for electricity, and the hydro coefficient is still far above the long-term average despite a heat wave during the last weeks of June.
Our key figures reflect this favorable energy market environment. Our low
Q2 2019 Verbund AG Earnings Call Transcript
Feb 14, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers